Tag Archives: Bubble

Sam Altman (Bloomberg) — Credit investors are pouring billions of dollars into artificial intelligence investments, just as industry executives and analysts are raising questions about whether the new technology is inflating another bubble. Most Read from Bloomberg JPMorgan Chase & Co. and Mitsubishi UFJ Financial Group are leading the sale of a more than $22 billion loan to support Vantage …

EAGAN, Minn. — This is the time of year when the phones start to buzz. Roster cuts are coming. Every team has excess somewhere and a dearth of talent somewhere else. The Minnesota Vikings enter Friday night’s final preseason game against the Tennessee Titans with plenty of decisions to make. They need receivers. The punt and kick returner situations remain …

Hurricane Erin continued to churn in the North Atlantic well southeast of New England on Friday. Rip currents will continue to plague parts of the U.S. East Coast, Bermuda, and Atlantic Canada into the weekend, as Erin’s massive circulation –  including tropical-storm-force winds spanning an area 600-700 miles wide – pushes immense volumes of high surf. Erin had already embarked on …

Still, the coincidence between Altman’s statement and the MIT report reportedly spooked tech stock investors earlier in the week, who have already been watching AI valuations climb to extraordinary heights. Palantir trades at 280 times forward earnings. During the dot-com peak, ratios of 30 to 40 times earnings marked bubble territory. The apparent contradiction in Altman’s overall message is notable. …

Sam Altman Says There’s an AI Bubble. What Wall Street Thinks.  Barron’s Analysts downplay AI bubble worries as Altman says some investors will be left ‘very burnt’  CNBC Things are so desperate at OpenAI that Sam Altman is starting to sound like Gary Marcus  Marcus on AI | Gary Marcus | Substack OpenAI CEO Sam Altman Believes We’re in an AI Bubble  CNET Citi’s …

Stock-market bulls convinced of the power of AI to transform the economy often shrug off comparisons to the dot-com bubble a quarter century ago. The real profits are already showing up, unlike in the early days of the internet boom — so it is different this time, the thinking goes. But Bank of America strategist Michael Hartnett has a message for …

The Patriots saw mixed results in their two days of joint practices with the Vikings this week, and now the teams are set to compete in the preseason Saturday at 1 p.m. ET. The Patriots won the day (if that’s possible in a joint practice) on Wednesday but were outmatched on offense and defense Thursday. Since starters received so much …

Blown Away by Bubble Art  The New York Times Source link

It’s one of the biggest mysteries in markets right now: Is the AI trade driving a stock-market bubble? While earnings remain impressively strong, the potential warning signs of a bubble are there. The S&P 500 is sitting near all-time highs after a 28% rally since early April and 57% gains since ChatGPT was announced in November 2022. Meme stocks are …

We’re only one day away from the Green Bay Packers’ preseason opener against the New York Jets, so there’s no better time to go through the Packers’ roster with a fine-tooth comb. Based on everything I’ve seen, read and heard from Green Bay this year, I’m comfortable claiming that there are currently 41 roster locks on the team and 21 …