Economy

Tech Valuations Slump Back to Pre-AI Boom Levels

Tech stock valuations have retreated to where they stood before the AI investment surge, according to Apollo analysis — a striking reversal after years of AI-fuelled enthusiasm inflating multiples across the sector. The pullback comes as the Iran blockade injects fresh volatility into global markets, with Asian stocks already falling in Monday trading. The convergence of geopolitical shock and valuation reset marks a notably rough opening to the week for risk assets.

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Sources

Tech valuations are back to pre-AI boom levels

Hacker News · Apr 12