Cruz reportedly says Trump yelled and cursed over warning of midterm election 'bloodbath'

[Happy Hoosier]

4. I don't know who "they" is...

What I see is a shit ton of money pouring into the Mag 7. They have been driving the market up, driven by capital investment. There is a strong speculation that it is in a bubble, and maybe it is. I do think those companies building data centers speculatively are in for a shock... the LLM's have hit a capability wall (IMO) and people aren't getting the ROI on these invesetments that were projected. And many (most?) users just aren't willing to pay a ton for the what the LLM's CAN do.

Outside a narrow set of applications, the current state of "AI" is not as capable as many expected and the Mag 7 companies projected. The only real question in my mind is if we're going to see lackluster market returns for the next few years, or a major correction.