The Market News Today: Fed Under Pressure Amid Inflation Spike

The Market News Today: Fed Under Pressure Amid Inflation Spike

Grantham Predicts AI Bubble Burst on Wall Street Amid Tech Rally

Investment guru Jeremy Grantham, known for anticipating major market shifts, has labeled the current artificial intelligence surge in the stock market as a bubble set to deflate. Despite recent record highs, driven by giants like Nvidia, Grantham remains skeptical about the long-term stability of this tech-led rally. He warns of an impending economic downturn and advises investors to focus on quality stocks with solid fundamentals, particularly in sectors like energy and metals, due to their finite and appreciating nature. (CNN)

Tesla’s Future Uncertain as Stock Plummets Amidst Growth and Safety Concerns

Elon Musk’s Tesla, once a vanguard in electric vehicle manufacturing and a member of the elite “Magnificent Seven” tech giants, is…
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