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The AI trade got crushed. The bull market barely noticed: Chart of the Day
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The AI trade got crushed. The bull market barely noticed: Chart of the Day
Bear markets usually have to take a wrecking ball to prices to make stocks cheaper. Tech found another route. Tech's forward price-to-earnings ratio — the price investors pay for expected earnings — fell about 30% from a year earlier at its July low, a drop seen around the dot-com bust and…
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