AI bubble concerns amid rising stocks
US stocks rallied, but prominent voices warn of AI overbuilding and debt limits, while deals keep flowing.
What we know
S&P rose 0.7%, Nasdaq 1.2%. Dudley warns of $10T AI spending, a Goldman trader says markets price 2027 as the peak, and Ackman calls the market broken. Meanwhile Meta's bond drew $58B in orders, Fal raised at $16B, and Anthropic's largest-IPO odds fell to 28%.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.