AI has become the market's biggest story, helping drive a surge in thematic investing and ETFs. But experts warn these funds can fall as quickly as they rise.
Amid fears of an AI bubble, much has been made of recent reports suggesting that AI has yet to generate returns for companies investing billions into the tech.
Kim Kardashian's Skims raised $225 million from Goldman Sachs, valuing the brand at $5 billion. The capital will fund expansion and could delay an expected IPO.