Sam Germany may be right: he is not the only person who believes the stock market in the “bubble” area

Is it right?

From the point of view of technical stock assessments, perhaps yes. From the basics point of view, perhaps not.

A classic bubble is found when the assets that are estimated mainly are not worth the price (and will never be) or when the basic value is close to scratch.

Therefore, in the great Dutch “Hania Tulip Hania” in 1637, it is clear that it is too late that the price of the lily bulb should never be equal to 10 times an annual salary.

In the great financial crisis in 2008, it became clear that it was too late that many real estate loans were given to people who did not simply have the ability to afford their costs, and thus those mortgages were much lower than that of bank budgets.

So the question becomes whether artificial intelligence is a bubble or not now. Basically, the answer is no. Openai is not worthy of nothing. It is not a lavender bulb or a pathway house in the middle of the place. There is a real work there.

Brenda Duverce of JPMorgan told customers in a recent note that “Openai’s Arr amounted to about 13 billion dollars (an increase of 30 % from June 25), and the company has reached by reaching 700 million users per week (an increase of 40 % of Mar-25), while it exceeds 5 million paid business users (an increase of 66 % of Jun-25). She also indicated that “the secondary market deal that can pay the company’s evaluation to 500 billion dollars, an increase of the previously martyred number after 300 billion dollars from Mar-25, which makes Openai the most private company in the world.”

Frankly, the company that contains Chatbot, which is often mistaken, is about to become the largest land that Unicorn’s land has ever seen. This is not worried.

But Openai is worth nothing. 13 billion dollars in revenue is a real thing. Perhaps the value of property rights will decrease in the short term, but the company is not swinging the way Liman Prades was in 2007.

But what about the technical view?

There is a lot of gossip in Wall Street now about whether technology shares are exaggerated in a way that looks like a bubble. They have some frightening plans!

Below is a real head scratch: Contributing to the growth of the US GDP from spending on the data center Now that is like this from spending on the consumerAccording to the Apollo administration. The clear problem with this is that this condition is exist because consumers have reduced Spending habits with data spending. Unless the databases suddenly start buying cars or shopping Home DepotThis is not good in the long run.

It is not particularly good because the operation in the value of technical stocks has now overcome the rest of the S&P 500. He wrote this morning“He has not heard by 2 % of the index companies for approximately 40 % of their value:”

Here is a plan from the detailed investment group. It has shown the performance since 2015 for the wonderful 7 companies for the rest of the market. “Bloomberg’s Mag 7 for 500 EX MAG 7 index is somewhat incredible. You can barely see” EX Mag 7 “by 129 % due to the amount of 2800 % of Mag 7,” the company says: “The company says:”

Goldman Sachs David Coston It is said He said that MAG 7 shares have grown their profits for the stock Q2 26 % on an annual basis. So there are real money that feeds real work there.

Partial conclusion must be: this is not a basic bubble. Nobody believes that artificial intelligence is made of chrysanthemum flowers. But it seems as if some stocks are technically exaggerated and no one should be surprised if this “bubble” explodes.

Here is a snapshot of the procedure before the opening bell in New York:

• S & P 500 futures contracts It was flat this morning, Premarkt, after the index closed an apartment yesterday near its high record.
• Stoxx Europe 600 0.54 % increased in early trading.
• FTSE 100 in the United Kingdom 0.31 % increased in early trading.
• Japan Nikki 225 0.38 % decreased to another standard level.
• China CSI 300 It was a decrease of 0.38 %.
• South Korea Cuban It was a decrease of 0.81 %.
• Elegant India 50 It increased by 0.42 % before the end of the session.
• Bitcoin He decreased to 114.9 thousand dollars.

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