Apollo Global Chief Economist Torsten Sløk warns of an inflated market surpassing the dot-com bubble, with the top 10 S&P 500 companies more overvalued than in the 1990s. Tech giants like NVIDIA, Microsoft, and Meta hit record valuations, with NVIDIA surpassing $4 trillion. Sløk highlights extreme concentration and sky-high expectations, cautioning against unlimited multiples. As AI fever spreads, Sløk’s warning serves as a counterpoint to the hype, signaling potential risks in the market.

Read more at Yahoo Finance: AI bubble now bigger than 1990s tech mania