Editorial companion

What stands out

Bob Doll, chief investment officer at Crossmark Global Investments, answered a simple but loud question on TV: are artificial-intelligence-focused stocks in bubble territory as the Nasdaq fell more than 3 percent? The clip matters because Doll framed the sell-off as a reassessment of lofty expectations for AI winners, not just a one-day technical wobble, and he used the broad Nasdaq move to argue that crowd positioning and valuation narratives are being challenged simultaneously. That combination, valuation debate plus a big index drop, explains why pundits, portfolio managers, and headline readers all tuned in.