Are we going to see a tech sell off? I heard hedge funds are shorting Nasdaq.
I am wondering what we can expect to see in the coming months with the technology boom we have seen these past couple of years. AI has clearly dominated the landscape and many technology companies are up several hundred percent in the past year or two. It seems unsustainable from a layman like me.
We have all heard of circular investing in the tech field with companies like Nvidia and their competitors and friends. So much money is being invested almost blindly in the hopes they are the big winners with AI.
What happens when some of these earnings miss or are under expectations with a large company like Nvidia? It is inevitable and all this Capex AI spending will show a poor early return on investment in my opinion.
Now I heard yesterday that the biggest short to ever be placed on the Nasdaq to the tune of 16-20 billion.
Although the times seem incredible with AI it has introduced some fear in to me as of late with potential issues with these companies as well as the status of the United States government and geopolitical issues abroad. I am rambling but there's a lot of negative winds I am feeling. I think we can see a major correction or crash in the coming months but again that's a layman's gut feeling talking.