Published Nov 5, 2026, 11:14 PM ET · Updated 8 days ago · 1 source

AI Slump Stems From Conflated Return Thesis, Plato’s Allen Says

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AI Slump Stems From Conflated Return Thesis, Plato’s Allen Says

Thursday’s market selloff was the result of investors conflating the transformational potential of artificial intelligence with the investment return thesis, said David Allen, head of long/short strategies at Plato Investment Management.