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J.P. Morgan’s Brian Essex on Why Valuations Drop as Fundamentals Hold Steady
Investor anxiety over AI's long-term impact is dragging down stock valuations despite steady growth and profitability, while companies focus on long-term valuation assumptions and secure business models, said Brian Essex, executive director of U.S. software equity research at J.P. Morgan.
Investor anxiety over AI's long-term impact is dragging down stock valuations despite steady growth and profitability, while companies focus on long-term valuation assumptions and secure business models, said Brian Essex, executive director of U.S. software equity research at J.P. Morgan.