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I do hope this bubble pops, but this kind of reporting is pretty useless. It's like all those Tesla stock posts we got last year. They report every time the stock goes down, even when the overall trend is the stock going up.
Nvidia is still up 28% from last month. Amd is up almost 60%, Oracle is up 20% and CoreWeave is up 41%.
When looking at 1Y these stocks are up as well. These stocks have gotten a big boost this month, so a correction isn't that big of a deal.
The markets are absolutely insane at the moment. We are in the middle of a huge energy crisis, one that hasn't even shown its true face. Yet somehow the stocks are up. There's more unrest than ever before, the spending power is down, the trust in the economy and future is down. Yet somehow stocks are up. All this AI nonsense is at spending levels it's just a straight up money pit, even the best projections for revenue (let alone profit) can't make back the money spent. Yet somehow stocks are up. All of these circlejerk investments and ghost datacenters scams are going on. Yet somehow stocks are up.
The stock market has fundamentally broken and isn't really an indicator of anything anymore. To paraphrase an idiot: Stock goes up, stock goes down, you can't explain that.
