I hadn't noticed but as of the new year we've officially passed the level of Market Concentration before the Great Depression
And all of that concentration; like virtually all of it, is in the Mag7
7 companies about to have trillions in capex disappear overnight due to a Chinese AI rig 98% cheaper
And all of that concentration; like virtually all of it, is in the Mag7
7 companies about to have trillions in capex disappear overnight due to a Chinese AI rig 98% cheaper
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*goes to munch popcorn, forgets we’re all starving to death*
Seems appropriate, good song too.