Why Reddit Stock Is Plummeting This Week

On Tuesday, the Massachusetts Institute of Technology (MIT) published research that resulted in significant selling pressures for AI stocks. According to the new study published by the famous tech-research university, 95% of companies that have invested in integrating generative AI into their business operations have yet to see any profitability gains. The research raised concerns that valuations for AI stocks could be in a bubble, and it was a significant factor in pullbacks for many companies with exposur ...