Apollo economist warns: AI bubble now bigger than 1990s tech mania

Investing.com — Apollo Global Chief Economist Torsten Sløk is sounding the alarm on what he sees as an even more inflated market than the one that led to the dot-com crash. In a striking warning today, Sløk said, “The difference between the IT bubble in the 1990s and the AI bubble today is that the top 10 companies in the S&P 500 today are more overvalued than they were in the 1990s.” His comments come as stocks continue to reach new highs, with investors increasingly betting big on artificial