Geopolitical conflict is now taking the spotlight and just 10 per cent now see an AI bubble as the main tail risk. Photograph: Kirill Kudryavtsev/AFP via GettyUS president Donald Trump’s military actions have given investors something more immediate to worry about than an AI bubble. One month on and those fears have receded, with geopolitical conflict taking the spotlight and just 10 per cent now seeing an AI bubble as the main tail risk. Asked if AI stocks are in a bubble, 51 per cent say no, 38 per cent say yes. Rising prices invariably go hand in hand with rising bubble fears, but there’s been little of that lately, with each of the so-called magnificent seven stocks down in 2026.

Source: The Irish Times March 23, 2026 12:30 UTC