Source: Seeking Alpha News Agency
2 months ago•
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The AI Bubble Burst To Resume: Sell The Rally

The AI Bubble Burst To Resume: Sell The Rally

The recent bounce is likely short-covering of AI losers in the aftermath of the Situation Awareness blowup, aided by temporary falling oil prices. The LLM Token Expenditures Index continues to fall, now 41% below the peak, and this will be reflected in Q3 earnings for hyperscalers.
Source: Seeking Alpha
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