AI/tech valuations and Berkshire's post-Buffett shift
Goldman says tech trades at a relatively cheap 17x forward earnings, while Berkshire under Abel is a net buyer but faces criticism over AI bets.
What we know
Goldman's data shows S&P tech at 17x forward earnings, cheaper than Real Estate. Ansem agrees nobody can call AI stocks' value. Berkshire turned net buyer under Abel, though ZeroHedge says AI bets stumbled. Friday's jobs beat saw a quick dip and rally, and Bilello shows NVDA +11,159% over 10 years. Also reported: Jensen Huang's alleged relationship with a Chinese spy.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.