'If the AI Trade Is Over,' Says Fidelity's Timmer, but What About Crypto?

According to Fidelity's Jurrien Timmer , the AI trade could be over, and the bull market we've witnessed has a lot of things to do and achieve in order to keep up the bullish pace . The trend continuation is possible, even though the stock market would have to carry more weight on its own. The AI 'bubble' appears to be reaching its logical conclusion: enormous funding of AI companies like OpenAI and Anthropic couldn't be endless, and with Anthropic coming closer to IPO, some existing investors might finally reap their rewards. Anthropic announced the launch of its IPO roadshow on November 10, with existing stockholders offering part of their holdings alongside newly issued shares.

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