Part 6/14:
Many pundits and analysts claim we’re in a bubble—especially fueled by AI enthusiasm—yet, data tells a more nuanced story. For example:
The Nasdaq is up about 15% year-to-date despite recent declines.
The global markets are performing better, with many indices showing larger gains.
Tech giants like Nvidia are reporting record revenues, with quarterly earnings surging by 62%, signaling strong underlying demand.
AI-related corporate investment and revenue growth are robust, with Nvidia forecasted to generate hundreds of billions in revenues over the next five years.