Ritholtz: AI selloff makes picking winners harder
Ritholtz Wealth Management Chairman Barry Ritholtz told Bloomberg that AI remains a transformational technology, but investors face a difficult task identifying which companies will win. He discussed CoreWeave's selloff, concerns about AI financing and valuations, and Tesla's challenges as EV competition intensifies.
- Ritholtz called AI transformational but said picking winners is difficult
- Discussion covered CoreWeave's selloff and AI valuation concerns
- Tesla's challenges amid rising EV competition were also addressed
Read next
AI