'Stock market looking more like gambling:' Here's a Warren Buffett warning to investors

Warren Buffett warned that the US stock market is increasingly resembling a casino, driven by short-dated options, single-stock bets and retail speculation linked to the artificial intelligence rally. Speaking at Berkshire Hathaways annual meeting via CNBC, Buffett said such gambling activity is distorting prices and making it harder to find value. The comments come amid a powerful rally in AI-linked and large technology stocks and reflect Buffetts longstanding caution about speculative excess.