Stock Market Bubble Could Burst Soon?! What It Means For Crypto!
Published: 2024-08-18
Status:
Available
|
Analyzed
Published: 2024-08-18
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Goldman Sachs predicts that tech companies will spend $1 trillion on AI in the coming years.
"spending on AI by tech companies will reach $1 trillion in the coming years"
Pending
ChatGPT is estimated to cost $700,000 per day to operate.
"chat GPT for example costs an estimated $700,000 per day to run"
Pending
OpenAI has spent over $427 million since ChatGPT's launch to keep it operational.
"that means open AI has spent $427 million and Counting since launch just to keep it turned on"
Pending
In a 20-day period, the Magnificent 7 stocks lost an average of $125 billion in market capitalization per day.
"over a 20-day period the combined market cap of The Magnificent 7 fell on average $125 billion per day"
Pending
The stock market saw a total decline of $2.6 trillion from the Magnificent 7 stocks.
"This amounted to $2.6 trillion being deleted from the stock market"
Pending
The CME FedWatch tool indicated a 100% likelihood of a September interest rate cut.
"the CME fedwatch tool currently says is 100% likely to happen"
Pending
Alphabet spent $13.2 billion in Q2 on property and equipment, primarily for AI model development.
"alphabet reported spending $13.2 billion on property and Equipment mostly for building AI models in just 3 months"
Pending
Alphabet intends to continue its current rate of capital expenditure for the rest of the year.
"the company plans to maintain this rate of spending for the remainder of the year"
Pending
Microsoft's Azure Cloud Computing Services experienced 29% growth, falling short of the expected 30%.
"its Azure Cloud Computing Services grew by 29% rather than the expected 30%"
Pending
In Q1 2024, Ray Dalio concluded that the US stock market, including the Magnificent Seven, did not appear very bubbly.
"the US stock market quote and even some of the parts that have rallied the most and gotten media attention do not look very bubbly"
Pending
Ray Dalio stated that market conditions in Q1 2024 were not consistent with historical bubbles.
"mark conditions he said quote are not consistent with past bubbles"
Pending
In Q1 2024, capital expenditures by the Magnificent 7 were at all-time highs, indicating frothy but not bubble-level forward purchases.
"capital expenditures at the Magnificent 7 were at all time highs both versus their own sales and as a share of the economy indicating that forward purchases were indeed frothy but not quite at bubble levels"
Pending
Recent earnings reports suggest that capital expenditure as a measure of forward purchases for the Magnificent 7 remains frothy, potentially at bubble levels.
"the eyering capex numbers reported in the recent earnings season suggest that this measure is still frothy if not bubbly"
Pending
The speaker believes the US stock market is not significantly bubblier now than it was in Q1.
"we don't think that the US Stock Market looks much more bubbly than it did in q1"
Pending
Bitcoin (BTC) saw a 9% price increase in the week following the July 11th inflation data release.
"BTC bounced 9% over the following week"
Pending