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globalreutersAugust 28, 20241 Mins read
Vanguard economist: Can AI boom justify high stock valuations?
globalreutersAugust 28, 20241 Mins read AI spending is massive, but is it enough to significantly impact economic growth next year? Vanguard economist said would take a 40% increase in corporate profits in 2025 to justify the market’s high valuation.
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