Is the narrative wrong or is the market just stupid? It doesn't make sense. If they are worried that ai is so successful it could disrupt other industries then why are they dumping their successful, market disrupting AI stock?
AI disruption to SAS products have sparked a selloff so why are AI companies also in the red?
byu/Dizzy_Assistance2183 instocks
Posted by Dizzy_Assistance2183
7 Comments
We are having another DEEP fake moment
The market is getting spooked and likely a large number of players are taking profits. No one ever went broke taking profits but plenty of people lost their homes on speculation and greed.
It doesnt really make sense. I bought some AVGO today. Google capex guidance is crazy and I think they are going to double down on TCU architecture. GCP works with Anthropic.
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same sentiment happened to google last year. I invested one of the saas names heavily
(I would never invest adobe though or any company which has anything to do with visuals.)
It’s always whales taking profit or rotating into other assets.
Because it is not AI disruption. It is just bubble popping.