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0 -9.98053795100066E-05 -0.000449124207794817 -0.000998053795099641 -0.00209591296970915 -0.00119766455411951 0 -0.00220596836169476
Stock impact report

Cato Networks CEO says we are in an AI bubble [Yahoo! Finance]

Cloudflare, Inc. Class A (NET) 
Last cloudflare, inc. class a earnings: 2/13 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
He warns that market prices are unsustainable and expects the bubble to unwind. The CEO of cybersecurity company Cato Networks may have just validated the fears of many: that the dot-com era could be repeating itself. "We are in a bubble," Shlomo Kramer, who runs the company aimed at securing organizations' digital and AI transformation, told Business Insider. Kramer said the bubble is fueled by both the high level of investment and early profit gains from AI, which he said are encouraging companies to keep investing fast enough to hold market prices up, despite what he described as a growing disconnect between valuations and reality. "There's a dislocation there; it's big and it's going to unwind," Kramer said. The CEO said that while he "absolutely" believes in AI and its capabilities, the question remains about whether the investments are matching the rate of that return. "It's going to happen at a much slower pace than right now," Kramer said, about the advancements o Show less Read more
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