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Chris Wood, Global Head of Equity Strategy at Jefferies, raised concerns over the sustainability of the current trend in AI investments, warning of a potential implosion due to a shift towards debt financing and the risk of a funding break. Wood, in an interview with CNBC-TV18 on Thursday, expressed apprehension about
Ed Yardeni, President of Yardeni Research, has revised his year-end S&P 500 target downwards, cautioning investors to be wary in the face of increasing rates. The veteran investor cut his S&P 500 year-end target from 8,400 to 7,900, CNBC reported on Wednesday. This updated prediction indicates a 4.61% rise from Wednesd
ED YARDENI SLASHES S&P 500 TARGET, SAYS 'PROCEED WITH CAUTION' IN STOCKS AS RATES RISE — CNBC