AI dip-buying faces warning as Horwitz sees scope for 40–60% market decline
Photo: TokenPost
The sell-off in technology stocks may not yet offer a compelling opportunity to buy AI shares. A sharp rebound from oversold conditions could give way to renewed selling, with pressure on equities persisting into year-end. In a November 3 interview with David Lin, Todd Horwitz, founder of BubbaTrading.com, warned that the market could face a further 40–60% decline, citing concerns about AI companies’ debt and profitability. He argued that the recent technology sell-off had not fully deflated the bubble. Horwitz distinguished AI’s long-term potential from the investment case for its shares today.
Source: TokenPost
