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☆ Premarket stocks: This investor predicted the dot-com bust. He thinks AI is a bubble that will ‘deflate’
▼ + stars: | 2024-03-14 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

New York (CNN) — Is the artificial intelligence boom on Wall Street a bubble primed to burst or the real deal? That’s the question investors have wrestled with since the Magnificent Seven tech stocks began turbocharging a powerful market rally last year. “A new bubble within a bubble like this, even one limited to a handful of stocks, is totally unprecedented,” he wrote in a Monday blog post. “The long-run prospects for the broad US stock market here look as poor as almost any other time in history,” he wrote. Still, the notorious market bear sees some areas of opportunity in the stock market.

Persons: —, Jeremy Grantham, ”, Grantham, Granthan, “, Hanna Ziady, Abu, Adnoc, NewMed Energy’s, Gan, Marc Stewart, Wayne Chang, ByteDance, ” Wang Wenbin, Wang Organizations: CNN Business, Bell, CNN, ” Tech, Monster, Nvidia, Boston, Federal Reserve, ChatGPT, BP, UAE, United Arab Emirates, NewMed Energy, Energy, Starbucks, McDonald’s, KFC, CNN Wednesday Locations: New York, Grantham, Israel, Gaza, Tel Aviv, China, America, American, Beijing

Hong Kong/Beijing CNN —China has described a potential TikTok ban as “an act of bullying” that would backfire on America. Cybersecurity experts say that the national security concerns surrounding TikTok remain a hypothetical — albeit troubling — scenario. US officials have not publicly presented evidence that the Chinese government has accessed the user data of US TikTok users, an outcome that lawmakers say their bill is intended to prevent. In recent comments to reporters, Wisconsin Republican Rep. Mike Gallagher, who chairs a House select committee on China, rejected characterizations of the bill as a TikTok ban. “It puts the choice squarely in the hands of TikTok to sever their relationship with the Chinese Communist Party.

Persons: ByteDance, ” Wang Wenbin, Wang, ”, Mike Gallagher, “ It’s, TikTok, “, Tiktok Organizations: Beijing CNN, CNN Wednesday, Senate, Wisconsin Republican, Chinese Communist Party, Weibo Locations: Hong Kong, Beijing, China, America, American, tatters

An agreement has been reached to extend the Israel-Hamas truce for another two days, the spokesman for Qatar’s Foreign Ministry said Monday. In turn, Israel released 39 Palestinian prisoners. Political Cartoons View All 1265 ImagesIsrael has said it would extend the cease-fire by one day for every 10 additional hostages released. Here’s what's happening in the war:QATAR SAYS ISRAEL AND HAMAS AGREE TO EXTEND TRUCE FOR TWO MORE DAYSQatar’s Foreign Ministry said Monday that an agreement has been reached to extend the Israel-Hamas truce for another two days. Hamas has released some hostages during a truce that began Friday in return for Israeli releases of Palestinian prisoners.

Persons: —, Benjamin Netanyahu, — Elon, Majid Al Ansary, Elma Avraham, wasn’t, Tzachi Slotsky, Beer Sheba, Avraham’s, Tali Amano, Avraham, Amano, “, ”, Cross, Jason Straziuso, ELON, Elon Musk, who’s, Isaac Herzog, Musk, ” Musk, Eylon Levy, Shlomo Karhi, ” Karhi, Riad, Malki, JERUSALEM, ” Yelena Magid, Roni Krivoi, ” Magid, UNRWA's, Morris Tidball, Alice Jill Edwards, Wang Yi, Wang Wenbin, ” Wang Wenbin, Frank, Walter Steinmeier, ” Steinmeier, “ Beeri, Hassan Fadlallah, Fadlallah, Islam, France’s, Samuel Paty, Charlie Hebdo, Jason J, Eaton Organizations: Qatar’s Foreign, Hamas, Sunday, Israel, Health Ministry, —, Navy, Qatari Foreign, Soroka Medical, International Committee, ICRC Media, The Associated Press, Twitter, Israeli Ministry of Communications, Palestinian Foreign Affairs, European Union, Union for, Associated Press, United Nations, ISRAEL, BEIJING, Security, Chinese Foreign Ministry, ISRAEL BERLIN —, Beeri, Hezbollah, GO, PARIS —, MEN, UNIVERSITY OF VERMONT Police, University of Vermont, Burlington Police Department, Burlington Locations: Israel, Qatar, Egypt, Gaza, Tel Aviv, Barcelona, — U.S, israel, QATAR, ISRAEL, Beer, BARCELONA, Spain, Africa, HANOUN, Beit Hanoun, Geneva, New York, China, GERMANY, ISRAEL BERLIN — Germany, Beeri, BEIRUT, Iran, Lebanon, Aita, Paris, UNIVERSITY, Burlington

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