"AI Trade Durability Questioned Amid Bubble Fears"

Jefferies analysts warn that the AI market bubble, driven by significant stock market gains for companies like NVIDIA, is likely to grow further before deflating. Despite robust AI capital expenditures expected through 2025, the lack of clear monetization strategies and high operational costs pose challenges. Analysts predict that by mid-2025, investors will demand clearer ROI, potentially leading to reduced AI investments by 2026.