Well that did not take long. Last quarter we talked about the haves and the have nots: The market narrowed dramatically and AI-driven technology was the only area that produced positive results. We knew this was not sustainable, but we had no idea it would change so dramatically so quickly.
This time seems different than those other times in that the AI- driven Magnificent Seven are not in bubble territory; their businesses are growing at a pace close if not equal to their stock price. This time it seems like the market just keeps overlooking everything else.
