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AI not a bubble, pullback is healthy but long-term theme intact: Arvind Sanger

Geosphere Capitals Arvind Sanger says the AI pullback is not a bubble but a healthy correction, with long-term adoption firmly intact. US markets are rallying on rising odds of a December Fed rate cut, though it may be a hawkish one. He adds that India needs stronger earnings growth to regain FII attention, while crude prices may see only limited impact from Ukraine-Russia talks.