Google’s parent company is now pushing toward a $3 trillion market cap, riding the AI wave.
Every major tech stock is up again.
Feels like the same story every tech cycle, big hype and bigger cash. Do you think this one’s different?
Google’s parent company is now pushing toward a $3 trillion market cap, riding the AI wave.
Every major tech stock is up again.
Feels like the same story every tech cycle, big hype and bigger cash. Do you think this one’s different?
Fuck it, just valuate tech companies with quadrillions, or even quintillions. Why not? We’re already in the realm of fantasy.
Because you can’t. There’s no central switch to crank up valuations - it’s all crowd psychology expressed in dollars.