As Nvidia hits $2 trillion, billionaire Marc Rowan’s asset manager Apollo calls AI a ‘bubble’ worse than even the dotcom era
Nvidia, the technology giant, reached a milestone by surpassing a $2 trillion market cap, propelling artificial intelligence (AI) stocks into the spotlight. However, Apollo Global Management, led by Marc Rowan, expressed concern over the current market valuations, highlighting similarities to the tech bubble of the 1990s. The chief economist at Rowan’s firm warned that […]