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PIMCO's Roman warns AI cycle will turn as Wall Street splits on outlook

NewsFeeds update

At a Hong Kong investment summit, PIMCO's Emmanuel Roman warned the market will eventually turn lower, while Bain Capital's John Connaughton and Franklin Templeton's Jenny Johnson flagged stretched AI valuations. Morgan Stanley's Ted Pick put AI capital spending at $10tn-$15tn and Goldman's David Solomon said capital markets remain active.

AIOdailyAINeutral

Read the original on Odaily

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.