Comment Re:Post Windows valuation? (Score 1) 44
Everyone is talking about the AI bubble. Between inflation and the rate pause decision, the market took a trouncing last week, especially tech.
Microsoft, a huge spender in the space, is reporting blockbuster earnings. That signals to investors that Microsoft, and other companies, might be profitable after all and the bubble won't be bursting.
As such, they all go and try to buy shares before they spike too much, looking to sell them sometime in the future for $800 a share.
Have enough of these people trying to buy these shares and you'll have the share price run away on you.
Has anything changed? I mean, yes. Microsoft is signaling that the tech/AI trade is still on. All the people that exited the market in the past few weeks, all the billions that evaporated, suddenly came back. And the vast majority of other tech companies skyrocketed as a result.