$SPY $QQQ there were no signs of a bubble….


Concerns about an artificial intelligence (AI) bubble across the U.S. technology sector are simmering ahead of the second-quarter earnings report from Nvidia, to be released after financial markets close on Wednesday.

The maker of processors for data centers and server farms is seen as a bellwether for the AI subsector of the tech industry, which is facing concerns over its long-term profitability after huge investments in the wake of the 2022 release of OpenAI’s ChatGPT chatbot.
https://thehill.com/business/5471080-tech-sector-ai-bubble-fears/