23 Sep 2025 | 3 Mins Read
Julius Baer's Mark Matthews sees exuberance in AI stocks
Flipitmoney
Mark Matthews of Bank Julius Baer & Co says the tech market shows signs of exuberance, but isn't a bubble. He cites Nvidia's 32-35 times earnings, above the S&P 500 average, but notes potential benefits from AI, and compares it to previous technological advancements like PCs, the internet, and cloud computing.