The record-high price of gold suggests that a lot of investors want a hedge against an implosion in U.S. tech stocks. Yet some analysts are saying that you should believe the hype.

ChatGPT, Gemini and Claude are extraordinary feats of engineering, but they don’t represent sustainable AI.

“AI better deliver for the U.S., or its economy and markets will lose the one leg they are now standing on,” warns Ruchir Sharma of Rockefeller International.