JPMorgan's Pinto Warns of AI Stock Valuation Drop 📉

JPMorgan President Daniel Pinto discusses the state of credit markets, the US economy and the outlook for AI stock valuations. "One thing that you want to keep an eye on is how much capacity is being created and how all these companies, how much revenue they are going to get to compensate to pay for that capacity. It's likely, I don't know the probability, but it's possible, there is probably a correction there," Pinto says during a conversation with Bloomberg News Deputy Editor-in-Chief Reto Gregori at the inaugural Bloomberg Africa Business Summit in Johannesburg.
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