Why a top strategist says the market is right to be concerned about massive borrowing among AI companies

Concerns about an AI bubble have been rising on Wall Street in recent weeks. Julian Emanuel of Evercore said that rising debt among AI firms is a "rational" concern for markets. Despite thinking investors should be concerned, he remains mostly bullish on AI. Big Tech stocks have dipped recently on speculation that the peak is in and a correction in high-flying AI names is imminent. Front and center for investors is a relatively recent concern that heavy borrowing among AI companies could worsen th ...