piggytl
10-19 18:48
If investors are still questioning on AI spending and debt, I dont think this AI trade would last any longer as OpenAI is not profitable, investing in AI models without even testing like what Meta did is what makes this very dangerous. Companies are investing and hoping for the best and this hope part is what would collapse this entire market as it runs mainly on AI stocks today. Up more than 100-200% YTD is not normal, it is priced ahead of present time and once the market crashes this time, it would be unforgivable for retail investors
💰Stocks to watch today?(20 October)
1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? 🎁 Make a post here, everyone stands a chance to win Tiger coins!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • ChrisColeman
    10-19 19:22
    ChrisColeman
    Meta throwing Llama open cut testing cost hard though. Up 100-200% is stretched, but calling the whole trade hope feels too lazy
    • piggytl: 
      not lazy to categorize hope as we as retail investors still have the lingering question of how many of these AI companies are funded with debt. Only people who know are the top. Like what Broadcom CEO realistically said this AI trade is literally a casino, everyone is risking money to bet on a win
Leave a comment
2