AI Stocks Balloon Even As Earnings Lag, Jefferies Warns
An anonymous reader shares a report: A Jefferies basket of 27 large-cap AI stocks has surged 127% in value since ChatGPT’s launch in late 2022, adding about $10 trillion in market cap. However, 2025 earnings forecasts for these companies have increased only 25% over the same period, Jefferies warned in a note to clients.

This disconnect has pushed the incremental price … ⌘ Read more