List of Flash News about Magnificent 7
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2025-02-06 17:23 |
AI Hype Compared to Historical Market Trends
According to The Kobeissi Letter, the 'Magnificent 7' stocks have increased by 30 times over the past decade, surpassing historical market surges such as the Nasdaq 100's 12x growth before the 2000 Dot-Com Bubble burst. This comparison highlights significant returns that raise questions about current market valuations and potential bubbles, critical for traders monitoring AI-related stocks. |
2025-02-06 17:23 |
Comparison of AI Market Hype to Historical Financial Bubbles
According to The Kobeissi Letter, the 'Magnificent 7' stocks have surged 30 times in value over the past decade, surpassing the gains seen in other historical market manias. For context, the Nasdaq 100 experienced a 12-fold increase in the decade leading up to the 2000 Dot-Com Bubble burst. Such comparisons suggest the current AI market enthusiasm might represent a significant trading opportunity, but also warn of potential volatility similar to past bubbles. |