Source: Seeking Alpha
News Agency
General
Medium Importance

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
Visit Source