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Tuesday, October 27, 2026Updated 07:46 UTC

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Rising concentration in AI stocks poses a risk: Kunal Kapoor, Morningstar CEO

Source: Economic Times · Oct 27, 2026 00:12 UTC

Trading floor of the New York Stock Exchange with banks of monitors — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

Kunal Kapoor, the CEO of Morningstar, voiced unease about the dangers of focusing investments heavily on AI stocks during his Mumbai trip. He stressed that lofty expectations might not always reflect in company profits, potentially leading to disappointing market outcomes. While praising India's compelling growth story, he remarked that its investment valuations do not stand up favorably against t

Read the full story at Economic Times

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