Some people think artificial intelligence will be the most important technology of the 21st century. Others insist that it is an obvious economic bubble. I believe both sides are right. Like the 19th century railroads and the 20th century broadband Internet build-out, AI will rise first, crash second, and eventually change the world. The numbers just don’t make sense. Tech …
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Some parts of the market are looking pretty frothy. It’s been nearly three years since ChatGPT was launched, and stocks have been rallying at breakneck speed ever since. Since the start of 2023, the S&P 500 (^GSPC 0.34%) is up a whopping 73%, and even a brief plunge on tariff concerns hasn’t been able to slow it down. Paced by …
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IN A NUTSHELL 🌌 Cosmic channel discovered connecting our solar system to distant stars challenges perceptions of space’s emptiness. 🔭 Advanced X-ray technology like eRosita unveils hidden routes and interstellar structures. 🔥 The Local Hot Bubble, shaped by supernovas, is not the void it seems, containing dynamic processes. 🪐 New findings emphasize the complexity and interconnected nature of our cosmic …
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U.S. stock futures were edging higher ahead of Monday’s session after the three major indexes closed last week lower amid rising concerns about a potential AI bubble. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 Index (SPX) were up 0.39%, 0.27%, and 0.31%, respectively, at 12:24 a.m. EDT on September 29. Elevate Your Investing Strategy: Take advantage of …
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Nvidia’s announcement earlier this week that it is investing $100 billion into OpenAI to help fund its massive data center build out has added to a growing sense of unease among investors that there is a dangerous financial bubble around AI, and that the revenues and earnings math underpinning the valuations of both public and private companies in the sector …
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The similarities are striking. Like the internet companies of two decades ago, AI firms today attract massive investments based on transformative potential rather than current profitability. Global corporate AI investment reached $252.3 billion in 2024, according to research from Stanford University, with the sector growing thirteenfold since 2014. Meanwhile, America’s biggest tech companies—Amazon, Google, Meta, and Microsoft—have pledged to spend …
Read More »Sure, there’s a risk of a bubble in AI stocks, so invest in them, says Wells Fargo strategist MarketWatch AI-driven market rally shows signs of overheating, economist warns Yahoo Finance 5 Reasons the New Tech Bubble Is Only Getting Started Barron’s The AI Stock Rally Has More Room To Run, Says BofA. Here’s How To Play a Possible Bubble Investopedia See signs of exuberance …
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Deutsche Bank called it “the summer AI turned ugly.” For weeks, with every new bit of evidence that corporations were failing at AI adoption, fears of an AI bubble have intensified, fueled by the realization of just how topheavy the S&P 500 has grown, along with warnings from top industry leaders. An August study from MIT found that 95% of …
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Wall Street Bought the Rumor in Micron Stock, So Should You Sell the News? A Pre-Earnings Look at This Dot-Com Bubble Survivor. Barchart.com Why Analysts See Micron (MU) Benefiting From the AI Data Center Boom Yahoo Finance Is It Time To Sell The Rip In Micron? (NASDAQ:MU) Seeking Alpha Micron Hits New 52-Week High: Is the Stock Still Worth Buying? Zacks Investment Research Top …
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That meant a sizable gain for Ellison’s net worth, which is heavily tied to the company. The 81-year-old entrepreneur co-founder, who currently owns more than 40% of Oracle, subsequently enjoyed a $101 billion surge in wealth overnight, to $393 billion—placing him ahead of Musk’s $385 billion fortune. He joined the likes of Amazon executive chairman Jeff Bezos and LVMH’s Bernard …
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