The AI Boom Will Hit a Crossroad in 2026

The AI boom will hit a crossroad in 2026

After three years of breakneck growth and soaring valuations, the AI industry enters 2026 with some of the euphoria giving way to tough questions. Here is a look at what is at stake: Bubble goes pop? Money is pouring into artificial intelligence, with spending expected to reach more than $2…

Why the AI boom could leave investors licking their wounds

Buy and hope. With 30 per cent of the U.S. S&P 500 index trading at more than 10 times sales, and 13 per cent of the S&P 500 by index weight trading at 20 times price-to-sales (P/S) (a level that now surpasses the tech boom of 1999-2000), we’ll take a break this week from commenting further on market valuations and leave it to you to decide whether it’s wise to be fully invested in equities, or diversified. This article was first published in Th…