The Difference Between AI And Dot-Com Bubble 😅
META pivot point at 300
Drawing parallels with the dot-com bubble of the late ’90s, Goldman Sachs acknowledges that in both cases, investors recognized the potential for groundbreaking innovations.
The tech boom of the ’90s saw the fast rise of major tech companies, but the bubble burst and wiped out newcomers who hadn’t yet turned profitable.
In contrast, the current AI ecosystem boasts a crucial difference: early winners show robust financial positions and impressive returns on investment.
Will the AI bubble burst one day?
Goldman Sachs has identified 11 U.S. companies poised to reap the rewards of the AI revolution in its early stages. The list has been categorized into three distinct subgroups:
* Enablers: NVIDIA Corp. (NASDAQ:NVDA), Marvell Technology Group Ltd. (NASDAQ:MRVL), and CrowdStrike Holdings Inc. (NASDAQ:CRWD)
* Hyperscalers: Microsoft Corporation (NASDAQ:MSFT), Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), and Amazon.com, Inc. (NASDAQ:AMZN)
* Empowered Users: Meta Platforms Inc. (NASDAQ:META), Salesforce.com Inc. (NYSE:CRM), Adobe Inc. (NASDAQ:ADBE), ServiceNow Inc. (NYSE:NOW) and Intuit Inc. (NASDAQ:INTU).
According to Goldman Sachs, AI’s pioneers are anticipated to continue outperforming as the technology scales, having already risen significantly this year, increasing 65% as a basket.
Why AI is not a bubble? 🧐
Goldman Sachs unveiled an intriguing list of 50 stocks that are positioned for substantial long-term growth due to the widespread adoption of artificial intelligence (AI).
This selection represents a comprehensive assessment of companies within the Russell 1000 index that stand to benefit significantly from the integration of AI into their businesses.
The list of 50 ranges from different sectors across the board that requires AI integration to current business model which could take between the next 5-10 years. Perhaps it could be wiser to just focus on the few highlighted stocks with track records above to benefit right away.
Buy call 1
Buy call 2
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I get this stock now it was up in pre market so it wouldn’t fall to $297 I have seen this on more than one occasion.
With Meta down 10%, can it go up in a higher interest rate environment, in September, with a Fed reserve meeting in a couple weeks? It’s about accelerating earnings and it looks positive to me?
It seems META is now refocused on the big ticket items and trends to expand their business. Less on MetaVerse which proved to be drain on resources, money and labor.
I can see $310 by EOD.
It dipped to $301….but went back up to $303.50. Again, it just doesn’t have a good closing price feel. There’s something in the air with this equity where it can’t hold daily gains. Let’s see how it goes.
It dipped to $301….but went back up to $303.50. Again, it just doesn’t have a good closing price feel. There’s something in the air with this equity where it can’t hold daily gains. Let’s see how it goes.
META announces working on a powerful AI tool to rival OpenAI, and they are also partnering with RBLX to provide gaming platform.
It should be at 340. It was sitting around 315 when its earnings came out wonderfully, and should have gone up 25 afterwards.
Hope you didn’t buy this morning. Time will tell…but looks like same pattern.