Reported about 18 hours ago
Investors on Wall Street are debating whether the surge in AI-related stocks represents a genuine boom or a potential bubble. While prices have skyrocketed across multiple sectors, nuclear power providers have shown the most significant disconnect from financial fundamentals, with their stock valuations soaring despite many possessing little to no revenue. Major tech companies are investing heavily in these energy firms as they require substantial electricity to fuel AI model operations, leading to inflated stock prices for even the least profitable firms in the sector.
Source: YAHOO