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How The AI Bubble Is Being Masked Within Big Tech [zero hedge]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
How The AI Bubble Is Being Masked Within Big Tech Authored by Autumn Spredemann via The Epoch Times, As artificial intelligence (AI) investment ramps up, some analysts are now drawing comparisons to the early “dot com” days of the internet and the market crash that followed. It’s a deja vu moment for Wall Street: A revolutionary technology captures the imagination while capital floods in and valuations begin to put a high price on promises of a future that hasn’t arrived. Now, as AI spending accelerates and a handful of mega companies dominate returns, financial industry insiders are asking whether the AI boom has crossed the line into market bubble territory—when the price of an asset exceeds its actual value. Industries that have the most to gain—and lose—are reporting record earnings on AI. The top five companies on the S&P 500 are tech giants that are heavily invested in AI. Moreover, in the fourth quarter of 2024, 241 companies on the S&P 500 cited AI as part of their earnings—th
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