stermy4u@lemmy.world to Technology@lemmy.worldEnglish · 2 months agoApple Hits $5 Trillion Valuation as Investors Flee Heavy AI Stock Spendingtownflex.comexternal-linkmessage-square9linkfedilinkarrow-up10arrow-down10
arrow-up10arrow-down1external-linkApple Hits $5 Trillion Valuation as Investors Flee Heavy AI Stock Spendingtownflex.comstermy4u@lemmy.world to Technology@lemmy.worldEnglish · 2 months agomessage-square9linkfedilink
minus-squareKorkki@lemmy.mllinkfedilinkEnglisharrow-up0·2 months agoDoesn’t change the fact that US stock market was already massively overpriced. Ai companies can’t make good on the promises of astronomical profits, but neither can Apple. This is just lose less option, but now it’s apple that is getting overvalued.
Doesn’t change the fact that US stock market was already massively overpriced. Ai companies can’t make good on the promises of astronomical profits, but neither can Apple. This is just lose less option, but now it’s apple that is getting overvalued.