TS Lombard strategist: an AI crash could mean at least a 30% US stock decline
FROM THE WIRE · FINANCE.YAHOO.COM
If the weakness in tech stocks continues to gain steam, it could end up being really ugly for investors, given how aggressively they have gone into tech stocks in recent years. That's the warning in a new paper making the rounds on Friday from TS Lombard strategist Dario Perkins…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA downside scenario for US tech and equities, with possible spillover into credit markets.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01The paper 'Wargaming the AI Crash' by Dario Perkins estimates a decline of at least 30% for US stocks.
- 02The market capitalization loss would be around 20 trillion dollars.
- 03Perkins estimates 125-200 billion dollars of losses across debt and private credit, with tech defaults.
- 04Oracle (ORCL) is cited among the weakest players in the AI ecosystem.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Oracle Corporation127.66 USD+0.15%today +1.69%Negative CoreWeave, Inc. Class A Common Stock54.54 USD-0.50%today -1.91%Negative Meta Platforms, Inc.644.96 USD+0.09%today -0.60%Negative Tesla, Inc.370.86 USD-0.55%today -0.99%Negative NASDAQ Composite26,020.47+0.11%today +0.04%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets