Let's see how the tech stocks do today. If we see a big bounce, then perhaps the AI bubble may not come after all.
On MRVL, if Jensen can believed, and it really is the next stock to get to trillion valuation, in context, I estimate we are taking about the price quadruple from here. That is go from $260 to $1,040....
That is some climb if it really happens.
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The question on everyone’s mind right now is will today lead to another month low or was the low of $251.45 on the 29th of June the bottom.
Let’s see what happens tonight when market opens. Being the last trading day before the long weekend may mean some liquidation to keep cash.
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