OTHER VOICES : AI INVESTORS WILL DEMAND A RETURN SOONER OR LATER

What happened: AI stocks swung sharply, dragging down the Nasdaq and S&P 500, though the Dow Jones industrial average had a decent week as investors moved into consumer goods and bonds. Key numbers: Global AI-related investments regularly top $1 trillion per year. Why it matters: The piece says investors will eventually demand returns on capital, and much of the investment was financed with debt, especially via private-credit markets, so a large-scale reappraisal could be bloody.

AI stocks swung sharply, dragging down the Nasdaq and S&P 500, though the Dow Jones industrial average had a decent week as investors moved into consumer goods and bonds.

The piece says investors will eventually demand returns on capital, and much of the investment was financed with debt, especially via private-credit markets, so a large-scale reappraisal could be bloody.