AI Stock Rally Matures as Investors Temper Enthusiasm
• The "baby bubble" AI stock rally is "growing up" and maturing according to Bank of America analysts
• Nvidia stock rose 16.4% after strong earnings, now valued at $1.94 trillion
• Analysts warn against chasing the AI-fueled stock rally due to concerns like higher inflation
• US small caps saw highest weekly inflow since June 2022 at $5.1 billion, part of overall stock and bond inflows
• Emerging markets saw 12th consecutive week of inflows at $2.3 billion, while Europe saw 8th week of outflows