Market Sentiment

Market Sentiment is an independent publication that encourages investors to evaluate investment ideas rationally.

[Market Sentiment @themarketsent]

Before $NVDA Nvidia's earnings today, here's a 3-minute video of Jensen Huang on if we're in an AI bubble:

[Market Sentiment @themarketsent]

@p_ferragu We've completed the loop of search. Using AI to solve your queries:

Ask ChatGPT -> The bot hallucinates -> Disagrees on the correct answer -> You make a google search to prove yourself right

Might as well skip to the 4th step directly.

[Market Sentiment @themarketsent]

@KobeissiLetter This is actually insane because if Ford is eliminating the EV version of their flagship vehicle, it just means that the demand for EVs as a whole was overstated.

It's also proven by the way Porsche and Ferrari have also turned around on EVs and focus on gas and hybrid now.

[Market Sentiment @themarketsent]

@mark_k Seeing as:
1/ How good AI mode has gotten, right into Google search and;
2/ ~40% of ChatGPT users use it as a search engine

I can already see Google search replacing a majority of the ChatGPT user base.

[Market Sentiment @themarketsent]

@fiscal_ai Makes sense. China is the second biggest luxury market in the world.

The number of rich, and middle class folks in the country are meant to reach 560 million by 2030, per L'Oreal CEO.

This number from $LULU should only go up in the coming years

[Market Sentiment @themarketsent]

@pmddomingos Insane if after all has been said and done, and OpenAI is just Microsoft's Siri.

[Market Sentiment @themarketsent]

A short view to the past

[Kalshi @Kalshi]

BREAKING: Kevin Warsh odds to become Fed Chair skyrocket to 41%

He’s known for:
• Pushing for faster rate cuts
• Alignment with Trump admin
• Fed member during 2008 financial crisis

[Market Sentiment @themarketsent]

@joecarlsonshow $GOOGL $GOOG since it'll probably be the only AI stock that can show returns.

$NVDA too, since China will probably realize that H200 is just leagues ahead of whatever they can build

[Market Sentiment @themarketsent]

@MorningBrew ChatGPT has become a household name - which is a spectacular feat btw.

Add to that the front page marketing on app store and it makes sense.

What's fascinating though, is that Gemini is essentially also integrated in Google, Gmail, and Youtube.

[unusual_whales @unusual_whales]

Users spend more time on Gemini than ChatGPT, per FT:

[Market Sentiment @themarketsent]

@brewmarkets Good. Makes sense when you have context:

[Market Sentiment @themarketsent]

@JanZakucia @TacticzH @Mindset4Money_X They already partnered with Google in a smaller capacity by integrating gemini 3 a few months ago

[Market Sentiment @themarketsent]

Just in time for the next bubble 💥

[Brew Markets @brewmarkets]

Cisco stock just hit its first record high in more than 25 years.

[Market Sentiment @themarketsent]

$GOOG $GOOGL

I like how Google went from being the underdog in the AI race to becoming the giant.

You just can't underestimate having every imaginable advantage:

a/ Data
b/ Market knowledge for decades
c/ Vertical integration
d/ Virtually unlimited funds

[Market Sentiment @themarketsent]

@KobeissiLetter You can just...cancel stuff like that?

What's the fed going to use for their meeting today then lol

[Market Sentiment @themarketsent]

$NVDA

Is it possible China saw through this facade?

Nvidia would obviously have to raise prices to absorb the 25% cost, which would mean China pays more.

Not only that, but China pays that 25% directly to the U.S. for the privilege of buying a GPU.

No wonder they're forcing companies to justify the H200 over local options

[zerohedge @zerohedge]

NVIDIA TO GIVE US 25% CUT OF H200 CHINA REVENUE: US OFFICIAL

[Market Sentiment @themarketsent]

@KobeissiLetter Looks like the "security review" service will cost 25% of the GPU's cost

[Market Sentiment @themarketsent]

@unusual_whales I can think of 2 reasons:

1/ GLP-1 has actually revolutionized the country
2/ People just can't afford to eat out anymore

If it's the first one, bullish $NVO $LLY

If it's the second one, bullish $KR $SFM $ACI

[Market Sentiment @themarketsent]

@QualityInvest5 Adobe has several moats against but AI but I don't think AI reels is one of them

There's two majorities that couldn't care less about where their reels came from:

1/ Senior folks worldwide
2/ Several people from developing countries

Unfortunately, there is space for AI slop.

[Market Sentiment @themarketsent]

The Verdict If you work with your hands (Trades, Healthcare), 2026 looks bright.

If you work with a laptop, the "purge of the mediocre" is accelerating.

The 4.4% unemployment number is masking a structural rot in the American middle class. Stay lean.

[Market Sentiment @themarketsent]

The Job Market Fiasco

1/ The headline unemployment rate is 4.4%. It looks "fine."

But look closer, and you'll see a disaster in slow motion.

We are in the middle of a White-Collar Recession, and the data from October 2025 just confirmed the worst. Here is the breakdown of the "Job Market Fiasco." 🧵

[Market Sentiment @themarketsent]

The Great Rotation While "Professional & Business Services" hiring is dead in the water, where is the growth? Healthcare and Government.

We are swapping high-leverage private sector jobs for government-funded roles.

That is not a "robust" economy; that is a life-support economy.