المنشور

The $AI trade just flipped. For 3 years, the more a company spent on $AI , the more its stock rose. Since June, the biggest spenders have been the biggest drag on the S&P 500. Alphabet grew cloud revenue 82% and STILL had its worst day in over a year! The market is no longer just rewarding spend - it's rewarding those cashing the cheques. $GOOGL