Yeah but the nasdaq 100 hit a forward p/e of 60x then, at the peak of the ai trade it was maybe 30x? But point is- abt 14% of companies were profitable during the dot com bubble, currently we have too much revenue and profitability to be worrying about a bubble, given that the circular circle jerk economy mag7 has created with ai labs like openAI isn't large enough to crash it all
BREAKING: South Korea is going to require retail traders to undergo mock trading exercises in order to get access to 2x single stock ETFs, per Bloomberg