Tech concentration turns the stock market into a violent algo casino with sky-high peaks and razor-sharp drops.
Ninety percent of trading now runs on machines so fundamentals got tossed out the window.
AI supercharges every headline and earnings beat into instant bloodbaths or moonshots.
WELCOME TO THE NEW STOCK MARKET
As the market continues to concentrate in tech, the peaks get higher… and the pullbacks get sharper.
This isn’t a market where fundamentals drive short-term moves anymore. It’s a market dominated by machines, with over 90% of trading driven by… pic.twitter.com/J5UOxsZSa1
— Sam Badawi (@Sam_Badawi) May 5, 2026
When Buffett said this market is a casino this is what he meant:$SMCI is up over 15% on earnings that were UNAUDITED, while current earnings showed operating cash flow was NEGATIVE -$6.6B.
On top of that, AR ballooned to ~$8.4B while total liabilities surged to ~$15.9B. pic.twitter.com/86QoPdtT7j
— The Coastal Journal (@1CoastalJournal) May 6, 2026
$SMCI is up 18.5% in AH trading after earnings
I didn't know that cooking the books, making ~10bn$ of A/P Debt disappear, writing off A/R credit, and burning ~2.8bn of cash in 3 months could be so bullish
I took the liberty of putting Dec 25 numbers next to the ones presented https://t.co/rgl1v32fPT pic.twitter.com/uHryMstCHf
— JustDario 🏊♂️ (@DarioCpx) May 6, 2026
Burry increases $SOXX shorts, targets 40% lower pic.twitter.com/jYCUFabPXU
— Thierry from arvy 🇨🇭 (@ThierryBorgeat) May 6, 2026
Google just passed Nvidia to become the largest Market Cap
Corning surges 14% on massive NVIDIA partnership to boost AI fiber capacity By Investing.com
Samsung crosses $1 trillion valuation as AI frenzy drives historic rally
“In his first annual meeting as CEO, Berkshire Hathaway
’s Greg Abel discussed a wide array of topics from artificial intelligence to his efforts to grow the conglomerate.
Abel said the Omaha-based firm was thinking criticially about how to use AI to add value, saying that Berkshire wasn’t “going to do AI for the sake of AI.” Abel also walked through efforts to improve its railway and insurance businesses at the event, which has long been called “Woodstock for Capitalists.”
Abel was joined on stage by members of his leadership team, but chairman Warren Buffett made remarks from the audience. Abel celebrated his predecessor by hanging a jersey from the rafters of the CHI Health Center, where the event is held each year. A deepfake version of Buffett also asked a question, prompting a discussion on the cybersecurity risks tied to AI.”