CITIGROUP: AI NOT IN BUBBLE YET Citi says AI stocks remain expensive but not in bubble territory. Its valuation model shows only a few red flags, mainly in U.S. asset-heavy names and international adopters. The bank recommends staying invested but taking profits in overheated areas, favoring “AI at a Reasonable Price” strategies. Citi also stressed the asset-light vs. asset-heavy distinction as the sector broadens. Strong earnings and rising capex keep the AI outlook solid for now.(*Walter Bloomberg)