so let's assume the Spacex IPO is 4 times over subscribed. Some folks will not get an allocation. so unless they are going to buy it when it's trading , some of that cash they raised will have to go back to whatever it was invested in. $QQQ
The early days of AI are a large sucking sound of money getting wasted. a few years from now when these things are operational, you can replace those operations for a fraction of the cost. and as usual the shovel and pick sellers will be the winner. $QQQ
If those who are making decisions at $META came out and said they are holding back on the drunken shopping spree for a few quarters, the stock will be up $100.
If I was in the tech industry, I would be working on how to use less chips, less data centers to achieve the same result. that is where the money is. Not chasing what every one else is chasing. It will become a commodity and devalue in a big way. $QQQ
$GOOGL announced a share sale, and the stock is down 5% since then. FT rights a story about how $META is considering a share sale, and the stock is down 8% and $META has nothing to show for it, but a lower stock. What a lousy mismanagement of finances by the company.
The most amazing thing about why tech is looking weak, it's in the control of the companies, who are trying to spend more then the investors want them to do. all they have to do, is pull in the spending just a little. and things will stabilize. $QQQ