The sharp drop is the latest sign of anxiety creeping through Wall Street over how long it will take AI companies to see returns on massive investments.
The degree to which share price discovery is fundamentally rooted in optimistic speculation, as opposed to any actual evidence… at some point talking about “value” becomes a little weird. “Overvalued by 15%” reads like a chemist doing a titration.
People were more interested in selling than buying yesterday.
The degree to which share price discovery is fundamentally rooted in optimistic speculation, as opposed to any actual evidence… at some point talking about “value” becomes a little weird. “Overvalued by 15%” reads like a chemist doing a titration.
People were more interested in selling than buying yesterday.