Yes I think valuations are too high! Pullback is normal as investors take profit. Will this be a long pull or just a breather ? That is the million dollar question. S&P is just off at all time high. I believe it's buoyed by the AI run from Nvidia to Oracle to Palantir. How long will the AI run go on? Tesla is coming off a big bear run and buoyed by renewed good news on the car delivery front. Or did the make up with Trump have anything to do with it ? Perhaps new products from Tesla will push it higher. How what about the rest? Has AI run its course like the Internet boom that crashed spectacularly in 2000/01? Looking at big tech it's more software driven now than the hardware run in 2000. Once the prized possession like Gpu/cpu become mainstream or easily attainable that wi
Blowout earnings but share price does not reflect. What happen ?
Apple reports another blowout quarter with sales up 54%, authorizes $90 billion in share buybacks
Apple reported a blowout quarter on Wednesday, announcing companywide sales up 54% higher than last year, and significantly stronger profits than Wall Street expected.Apple did not issue official guidance for what it expects in the quarter ending in June.Apple authorized $90 billion in share buybacks.Apple stock rose over 4% at one point in extended trading.Apple reported double-digit growth in every single one of its product categories, and its most important product line, the iPhone, was up 65