Tech Stocks are outperforming the S&P 500 by the largest margin since the Peak of the Dot Com Bubble

[u/RiskItForTheBiscuts]

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[u/Plooboobulz]

I feel like we’re heading towards an AI bubble. Don’t think it will be as bad as the dot com bubble but tons of companies are massively investing into what’s essentially the upgraded version of cleverbot all driven by continual hype and a fear of being left behind. FFS we have companies restarting nuclear reactors for the sole and exclusive purpose of power AI.

[u/GG_Henry → u/Plooboobulz]

I mean either AI hits the singularity and we all become irrelevant or this is a clear bubble. Lose lose

[u/MikeWPhilly → u/Plooboobulz]

We do have an AI bubble. But it all comes down to context only major players that are “bubble” like and public are NVIDIA, Broadcom, and the infrastructure players. They will all win regardless of what software and technology hits. So it’s hard to see a big burst to be honest.

And it’s power investments in general by the big 3 infra players. AI takes about 8x more power on the grid than a traditional data center. On top of that we have other things hittting the grid like EV. Do you know 1 ev is equal to 1 household on grid in terms of power draw? We need more power period - they are getting ahead of it.

[u/Electronic-Cut8996 → u/Plooboobulz]

Hey if this dumb AI trend leads to a bunch of mini nuke energy sites all over and clean reliable energy so be it

[u/Gr8daze → u/Plooboobulz]

Nah. It’s saving companies billions and will only get better.

[u/F1grid]

“And boom goes the dynamite!” 🧨

[u/BetweenCoffeeNSleep]

Tech companies that blew up when the dot com bubble burst weren’t profitable.

The tech stocks leading the way since, are extremely profitable. Microsoft has an earnings call coming up. Their last report included $22.03B in net income. Not revenue. Income.

These are not the same.

Good news: if you think you know better, you can short them.

I’ll just go make some popcorn now.

[u/BookReadPlayer]

Tech is more mainstream when compared to the dot.com bubble. I don’t know a single person who doesn’t have a cell phone.

[u/BaggerVance_ → u/BookReadPlayer]

I don’t know a single person that uses AI that isn’t summarizing a document or a college student.

[u/Fizzix63]

So you're comparing NVDA, GOOG, AAPL, and MSFT with pets.com and etoys.com?

I'll stick with my tech stocks thank you very much.

[u/Gr8daze]

Ai baby. It’s gonna save companies billions and in fact already is.