BUSINESSFORTUNE
‘Yet another way in which 2026 is looking like 1999’: Top analyst fears bubble popping with investors and Wall Street out over their skis
The Nasdaq dropped sharply as concerns over an AI-driven tech stock bubble intensified, with analysts warning that overinflated earnings expectations mirror the 1999 market bubble. A strong jobs report and Broadcom's weak guidance triggered fears of Fed rate hikes, causing AI-linked megacaps like Nvidia to lose significant value.
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