It feels like reality is meeting speculation head-on in 2025.
Here are a few stocks that have a dangerous combination of social media hype and terrible fundamentals:
$IONQ Inc.(IONQ)$ $Quantum Computing Inc.(QUBT)$ $Rigetti Computing(RGTI)$ $Palantir Technologies Inc.(PLTR)$ $MicroStrategy(MSTR)$ $SoundHound AI Inc(SOUN)$ $AST SpaceMobile, Inc.(ASTS)$
Popular stocks like this fell 90%+ in 2022. Beware!
I could have added the word valuation. PLTR doesn't have terrible fundamentals but is a meme stock at this point.
For perspective, here are IonQ's financials. No way this company should have a market cap near $20 billion other than rampant speculation, which eventually followers pay for.
I always hate seeing big accounts on Twitter pumping up stocks like IONQ.
IMO, we have a responsibility to provide valuable insights to followers, not feed speculative assets.
I believe 2 things are true about autonomous vehicles:
1. AVs are a multi-trillion dollar market that will open up more/new business models that have 10x-100x opportunities.
2. Redundancy will be REQUIRED.
Demonstrable above-human-level safety will be the price of admission.
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