ING: Tech investors reassess AI investments
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```htmlAccording to Golden Ten Data on July 7, Jan Frederik Slijkerman of ING wrote in a report that technology investors are re-evaluating their investments in artificial intelligence, despite this technology being a positive long-term driver. He stated that the revenue and earnings before interest, taxes, depreciation, and amortization (EBITDA) of technology companies are expected to rise, but investors still feel anxious. As infrastructure spending leads to higher depreciation costs and a decrease in stock buybacks, investors may experience a slower rate of earnings per share growth and lower valuation multiples. Since the positive impact on revenue growth may take time to materialize, free cash flow is expected to be lower than in previous years. This has reduced the space for providing large-scale shareholder returns in the form of stock buybacks.```
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