Reply to Why is the stock market doing well?

Forum Index » Money and Finances

Reply to "Why is the stock market doing well?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]People go on vacation in August and don't look at their portfolios.[/quote]

You can’t open your phone for 10 seconds to check on it while on vacation?

To the OP I think it’s mostly the AI bubble. Almost all the gains in US stocks have been from mag7 companies. Nvidia is making tons of money from the other mag7’s buying its GPU’s, however this might not be sustainable in the long term because the biggest customers to NVDA haven’t been profiting at all from their AI investments. Their customers do make a healthy profit from their other ventures which allows them to stay in the green, concealing the massive drain that AI has been on their profits. If the software AI bubble pops then hardware will follow, and this would collapse the US stock market [/quote]

Another indication we’re in a bubble is the ridiculous amount of money being thrown at AI researchers. A 24 year old was just offered $250M to work at Meta. OpenAI is paying a $1.5M bonus to every single one of its employees (a few thousand people). It’s a complete frenzy at this point. We’re building a bridge to nowhere [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics