There is only way...UP.
Tesla is at 500 billion and Truth social at 5-10 billion. Market is likely to continue to look at GenAI/AI as the next biggest growth accelerator.
Although in my opinion, companies that invested fuck load into GPUs hasn't made much money from it, this hype will continue until companies start to realize that they overinvested in it. We are no way near to that happening right now.
There is only way...UP. Tesla is at 500 billion and Truth social at 5-10 billion. Market is likely to continue to look at GenAI/AI as the next biggest growth accelerator. Although in my opinion, companies that invested fuck load into GPUs hasn't made much money from it, this hype will continue until companies start to realize that they overinvested in it. We are no way near to that happening right now.
Stock market is forward looking. it does not wait until everything is clear.