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via reuters.comMarkets

Wall St brokerages say AI selloff overdone, downplay Democrat regulation risks

FROM THE WIRE · REUTERS.COM

Wall Street brokerages including Morgan Stanley and UBS called last week's rout in the AI trade overdone, arguing that the risks of extreme regulation ​of data center developments under a Democrat-controlled Congress are unlikely to ‌play out.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishIf regulation risks for data centers do not materialize, the AI sector could recover from its recent selloff.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Morgan Stanley and UBS call last week's rout in the AI trade overdone.
  2. 02They argue that the risks of extreme regulation of data center developments under a Democrat-controlled Congress are unlikely to play out.
  3. 03Last week the AI trade suffered a sharp selloff.

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