Three billionaires call the AI top; CoreWeave, Nebius and IREN fell over 30% in a month
FROM THE WIRE · FINANCE.YAHOO.COM
Elon Musk, Ken Griffin and Chamath Palihapitiya all called the top of the AI trade in the same week, as CoreWeave, Nebius and IREN fell more than 30% in a month. Host Ejaaz Ahamadeen breaks down what's true, who's talking their book, and what investors should actually worry…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishComments calling an AI bubble weigh on AI-linked stocks and technology names.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Elon Musk, Ken Griffin and Chamath Palihapitiya questioned the AI trade.
- 02CoreWeave, Nebius and IREN fell more than 30% in a month.
- 03Griffin said the market is almost certainly in a bubble.
- 04The video discusses idle GPUs and a closing debt window.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
NVIDIA Corporation217.94 USDMarket closedtoday +0.90%Negative Broadcom Inc.342.33 USDMarket closedtoday +4.00%Negative CoreWeave, Inc. Class A Common Stock59.57 USDMarket closedtoday +7.94%Negative IREN Limited27.44 USDMarket closedtoday +7.90%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets