AI in Early Stages of a Bubble, Gabelli's Marangi Says

source: news (news:bloomberg-tech)published 2026-10-23 14:57ingested 2026-10-23 15:30

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Oct 23rd, 2026

AI in Early Stages of a Bubble, Gabelli's Marangi Says

Gabelli Funds President Chris Marangi says markets are in an AI-related bubble, but he believes it remains early in its development. Speaking on "Bloomberg Open Interest," Marangi describes AI as a historic technological transformation driving substantial investment and says earnings growth supports the market.

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