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'Follow the leverage' to find risks: CIO says AI stocks still trading at premiums despite correction

By CNBC International TV February 25, 2026 Bearish
'Follow the leverage' to find risks: CIO says AI stocks still trading at premiums despite correction
Nick Ferres says Vantage Point Asset Management explains why he's concerned about private assets, and highlights the parallels between the current market moves and the 2008 collapse of the Lehman Brothers, questioning if there will be a return on investment on the capex boom into AI by hyperscalers. He remains bullish on Asian equities and semiconductors.
Nick Ferres says Vantage Point Asset Management explains why he's concerned about private assets, and highlights the parallels between the current market moves and the 2008 collapse of the Lehman Brothers, questioning if there will be a return on investment on the capex boom into AI by hyperscalers. He remains bullish on Asian equities and semiconductors.