Ai makes no money but trend following sheep are still on the ai train. They have lost all profit, are taking on debt and now selling shares. It cannot get more obvious,
The only companies that will make money from ai will be the chip makers.
Google just opened up the floodgates for the Mag 7 to begin doing ATM offerings.
The Mag 7 used to buy back stock. Now they are dumping shares in the open market.
Why? AI infrastructure.
As long as the capex delivers an ROI, the market may reward it, but it looks like Google feels they have tapped the debt markets enough and now need to visit the equity markets.
They also got Berkshire to buy $10B at $350, showing that Berkshire is supporting the move.
This is incredible to witness...but my question is...will this give the other Mag 7 companies the freedom to do ATM offerings if the market is willing to let them?
This incredible to witness.
$GOOGL $META $AMZN $MSFT
@VoltDweller@nerdalert@HenryInvests Its very risky because the high pe, all depends if they solve autonomy in 2 years. However now with space xโs valuation a merger would dilute the autonomy bonus.
@DavidCarbutt_ I'm just sick of the drama any time I say something that isn't aligned with Elon, and I don't want to get painted in a corner as Ross 2.0 when I'm actually just thinking about each issue independently.
@DuxVul Russia ukraine and usa iran affect inflation and prices regardless of funding them. You canโt go back in time and undo lockdown so yea you canโt simply go back 7 years ago.
@ve96359@HungaryBased You are basically arguing that the USA should have no allies, when is it ever beneficial to have mo allies? Why is russia deepening its alliance with China? If you are correct then Russia would be isolating itself.