The US Stock market measured by the main indices S&P 500, DJIA, Nasdaq Composite could fall 15 % more form current levels due to temporary overvaluation.
The artificial intelligence, AI transformation of the world's business is fully on its way. However, for the time being Wall Street equity research analysts and investors are extrapolating too high revenues and profits for the leading AI companies, which drive the market.
AI has to show additional potential to live up to such expectations. So correction seems to be in full swing on the US Stock market.
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