What a dissappointing response to an otherwise good result announcement. This is again putting forth the question about valuation and the price-to-perfection theory that is abound. A Blackrock analyst has just made this comment on Bloomberg that Blackrock is pivoting away from the Ai plays. The feeling is, it has already hit the pinnacle value, and what was not said could also be the professionals are feeling it has gone beyond true value. This is the only explanation I can think of for all the poor price responses we have been seeing after the AI companies made otherwise stellar results and forward projections. The market has already priced in all possible good news.
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