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'Balloon is deflating': Investment director says AI bubble not popped just yet

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Newstalk ZB,
Publish Date
Fri, 6 Nov 2026, 8:02pm
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The datagrid could draw up to 600,000 litres of groundwater daily. Photo / Getty Images

A call has been made that the AI bubble is about to burst. 

Wall Streets' NASDAQ Index fell 5% overnight, and it's the tech sstocks that are losing value. 

Commentators say this is the long-expected 'burst' of the AI bubble. 

Craig Investment Partners Investment Director Mark Lister told Heather du Plessis-Allan that the bubble is deflating, but won't necessarily 'pop'. 

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