With Big Tech earnings sending a chill down the spine of the market, she is right there, cackling over a boiling brew of soaring capex & free cash flow spells.
Wall Street has moved out of hopes & dreams phase of AI. It is now Show Me the Money phase. 1 swipe of her wand & poof - billions of dollars vanish into thin air. It is faster than you can say Buy the Dip.
Just look at $Intel(INTC)$ . It suffered a historic, blood curdling 29% collapse in a single trading day after its future profit forecast fell off the cliff. The traditional PC market is in deep freeze. Intel is burning huge amounts of cash trying to catch up in the AI race.
But remember, every horror movie eventually comes to an end. The sun always rises. So stay calm & patient.
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- Wrap on PointeΒ·10-31 10:25TOPThis is a very good analogy, I like it a lot lol. Rest assured you are not alone, there are many people in the boat as you.1Report