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This is incredibly misleading, as it has little (to nothing) to do with any AI bubble. To tie this to a current bubble, you’d have to show some sort of outsized
by happyopossum 3y ago
This is incredibly misleading, as it has little (to nothing) to do with any AI bubble. To tie this to a current bubble, you’d have to show some sort of outsized growth in these companies since the AI hype train started, and that’s not the case.
3 years ago, these same 7 companies combined were worth… 4 times the Russel 2000 *[0].
So the only story here is that stocks have managed to mostly keep pace with each other before and during the current AI hype cycle.
[0] https://edition.cnn.com/2020/08/20/investing/faang-microsoft-tesla/index.html https://edition.cnn.com/2020/08/20/investing/faang-microsoft...