Here's a chart showing mentions of "AI" on earnings calls and transcripts.
Mentions of "AI" in 2023 have basically broken this chart.
We went from ~500 mentions in 2015 to ~30,000 this year and we still have 4 months left.
Corporations really want to cash-in on the AI hype. pic.twitter.com/G9xwtAGD1a
— The Kobeissi Letter (@KobeissiLetter) August 29, 2023
Everything is three wave corrective, which means it's going lower.
That's Nvidia's spike high from last Thursday. pic.twitter.com/GfIUywW7hQ
— Mac10 (@SuburbanDrone) August 29, 2023
Pretty lame, because the Nvidia pullback on Thursday almost gave back all of the gains. pic.twitter.com/WnwHKsGn4y
— Mac10 (@SuburbanDrone) August 29, 2023
The market will be fully overbought at the close.
Why that's good is not for me to say. pic.twitter.com/B91syCdypA
— Mac10 (@SuburbanDrone) August 29, 2023
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