BlackRock (BLK) CEO says he does not believe there's an AI bubble by any imagination, according to remarks on CNBC

BlackRock's CEO dismissing the notion of an AI bubble signals confidence in the sustainability of AI investments, which could be reassuring for investors in technology and related sectors.

Newsquawk StaffPublished On the live feed at 6 more headlines followed before this page went public
Newsquawk headlinesUTC

US EQUITY OPEN: TSMC leads Tech/Semis higher as GS/MS earnings provide some solace to Financials

Paramount Skydance (PSKY) tells a Delaware court that it fully intends to extend its tender offer for Warner Bros. (WBD)

BlackRock (BLK) CEO says he does not believe there's an AI bubble by any imagination, according to remarks on CNBC

Bank of New York Mellon (BK) has been added to the Epstein probe, according to Senator Wyden (Dem)

Goldman Sachs (GS) CEO says investment banking backlog is at the highest in years - conference call

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
Context

His remarks may suggest that AI's economic value is enduring rather than speculative, potentially influencing market sentiment and investment strategies in both equities and the broader capital markets.

Related headlines

The whole workspace, free to try.

Try it free