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Is the AI bubble popping? Well the stock market lost $1.5 Trillion on Friday this week as AI stocks crashed and the Nasdaq had its worst day since June. Intel stock fell about 29% along with Nvidia, Meta, Google, Microsoft and Amazon. The big tech companies reported earnings this week and they are not showing signs of slowing down on their AI spend. Issue is that they are going cashflow negative, ie they are spending more than they are making, and financing a lot of this AI buildout with debt. W
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