Michael Burry Says Big Tech Is 'Spending Wildly' on AI Because CEOs Expect to Be 'Granted an Oligopoly' That Can't Fall
Michael Burry said Big Tech's AI spending spree is driven by an expectation of an oligopoly too large to fail.
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JP Morgan Maintains Overweight on BlackRock, Raises Price Target to $1435
JP Morgan analyst Michael Cho maintains BlackRock (NYSE:BLK) with a Overweight and raises the price target from $1364 to $1435.
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