Adding to my previous post on “Slow pop” of the AI bubble, Yahoo Finance just reported microsoft stocks got downgraded from “Buy” to “Hold”.
We are finally seeing the bubble pop!
First NVidia stock got stagnant for 6 months, then they canceled its $100 billion to openAI, now Microsoft got downgraded, following a near 19% down in the past month alone. Meta is down 14% in 6 months, bleeding money with VR and AI, Amazon is down 15% in a month, oracle is down almost 50% in 6 months, AMD down 8.8% in a month, Alphabet started a downward trend(4.5% down in 5 days).
The crash is slowly arriving
