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@grid11@lemy.nl to Technology@lemmy.worldEnglish • 8 months ago

The air begins to leak out of the overinflated AI bubble

www.latimes.com

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The air begins to leak out of the overinflated AI bubble

www.latimes.com

@grid11@lemy.nl to Technology@lemmy.worldEnglish • 8 months ago
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Column: The air begins to leak out of the overinflated AI bubble
www.latimes.com
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Shares in AI companies have powered a huge runup in the stock market this year, but users are beginning to question whether the craze will fall flat.
  • @sugar_in_your_tea@sh.itjust.works
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    2•8 months ago

    It’s not every year, but it is more than half the time. Source:

    History suggests September is the worst month of the year in terms of stock-market performance. The S&P 500 SPX has generated an average monthly decline of 1.2% and finished higher only 44.3% of the time dating back to 1928, according to Dow Jones Market Data.

    • @iopq@lemmy.world
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      1•7 months ago

      S&P 500 up this September officially

      • @sugar_in_your_tea@sh.itjust.works
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        2•7 months ago

        Woo! We’re part of the 44% or so. :)

        • @iopq@lemmy.world
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          2•7 months ago

          45% now since the data only goes back 100 years

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