Sage Road Research Reports 20% Decline in AI Stock Prices Since June Highs

Sage Road Research reports that AI-related stocks have fallen 20% from their 52-week highs in June. The report highlights concerns over high capital expenditures, which are projected to reach $800 billion by mid-2026, and a significant growth gap between AI investment and actual revenue. Tech giants are facing increased scrutiny over costs and off-balance-sheet liabilities, which have grown eightfold to $1.65 trillion over four years.