%% AMZN\ is down a lot from ATH\ MSFT/AAPL buyers + elephants seem to be using much different number from you One lady asked mr Buffet , why not buy MSFT?/ he admitted he missed a super trend, but noted it would have looked bad with his close friendship with Bill gates........................
Today Microsoft added about 19 kohl's in market capitalization!!! For what news about AI... The AI hype machine is all wallstreet has. Without AI hype these stocks would be 50% lower at the moment. Yes I said that. 50% less than where they trade today!!
PEG ratios help clarify a bit. MSFT PEG was 1.7 a year ago, now over 2.3. So earnings are going to need to accelerate in the next few quarters to justify this.
Seems peeps are paying up and up for the so-called Magnificent Seven because most everything else is just dawdling along. Chasing "growth" where they find it. Also companies with tons of cash that aren't affected much by higher rates. Anyway IMO price, not current or future funnymental projections, tell all.
Nvda adding yet another 27 billion in market cap today. In one month alone it has added nearly a quarter trillion dollars in market capitalization.... Does 16 billion in quarterly revenues warrant a quarter trillion worth of additional market cap??? The top 7 are being pushed higher each day to push the overall markets higher. In 3 weeks the markets went from selling off and no one wanting anything to do with tech to buying them up as if we are back in the dot com years