We are living in a new technology bubble. A new dot-com bubble.
The Magnificent 7 technology stocks, namely Apple, Microsoft, Alphabet, Amazon, Meta, NVIDIA and Tesla are the poster children of the current dot-com bubble and they are overvalued by more than 30 % on average.
Yes, artificial intelligence, AI will take over the world, but not as fast as the current AI bubble envisages.
The Magnificent 7 technology stocks, namely Apple, Microsoft, Alphabet, Amazon, Meta, NVIDIA and Tesla are overvalued on investment flows coming into their stocks. They are overvalued on momentum traders, investors, that is. The Magnificent 7 technology stocks, namely Apple, Microsoft, Alphabet, Amazon, Meta, NVIDIA and Tesla are way over their fundamentals, their intrinsic value.
Yes, in the dot-com bubble companies did not have revenue, but now the revenue projections and estimates for The Magnificent 7 technology stocks, namely Apple, Microsoft, Alphabet, Amazon, Meta, NVIDIA and Tesla and many other technology stocks are overblown, according to Wolfteam Ltd.
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