
Why is the market "so pessimistic" about US tech stocks?

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Since the beginning of this year, U.S. tech stocks have shifted from "AI beneficiaries" to "impacted by AI." According to Bank of America statistics, the dynamic price-to-earnings ratio of U.S. tech stocks is currently lower than that of the consumer discretionary, industrial, and consumer staples sectors
Since the beginning of this year, US tech stocks have shifted from "AI beneficiaries" to "impacted by AI."
According to Bank of America statistics, the dynamic price-to-earnings ratio of US tech stocks is currently lower than that of the consumer discretionary, industrial, and consumer staples sectors.

