🚨THE AI BUBBLE IS ABOUT TO BURST!!!!?
The whole AI industry has spent $1.4 trillion building this thing.
It has made back $613 billion.
That's a $787 billion hole.
The biggest companies on earth are losing money faster than anyone in history, and they're doing it on purpose.
Here's who's bleeding:
Amazon: -$291B
Google: -$262B
Microsoft: -$235B
Meta: -$227B
OpenAI: -$27B
Anthropic: -$26.5B
Meta is the wild one. Spent $230 billion. Made back $3 billion. Three. And it just raised the budget for next year.
So who's actually winning?
Nvidia. $253B.
The one company not digging for gold, just selling shovels to everyone who is.
Old lesson, new gold rush: in a stampede, you don't pan for gold. You sell the picks.
The next 12 months of earnings tell us if the diggers were geniuses or the greatest fools in market history.