Veteran tech analyst Fred Hickey calls the AI-driven market the "greatest bubble in US stock bubble in US history," as insiders reportedly dump their holdings and other experts warn of unsustainable "mal-investment."
The tape Thoughtful Money with Adam Taggart · Jul 14
“Well, I'm in complete agreement with Jeremy Grantham that we're in the greatest bubble in US stock bubble in US history.”
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Odd Lots · NY Governor Kathy Hochul on Her One Year Data Center MoratoriumJul 15
New York becomes the first state to impose a data center moratorium, citing massive energy consumption. The move echoes growing physical constraints on AI's infrastructure build-out, with Blackstone recently pulling out of a major project.
Bloomberg Surveillance · June CPI and Kevin WarshJul 14
Apple has reportedly lost 400 people to rival OpenAI, prompting the company to file a lawsuit to "stop the bleeding" amidst allegations of shady behavior by a former engineer.