Remember AMC Entertainment​​​​? The one that was supposed to “moon” and make traders rich? Here’s an update – – since it has lost nearly 100% of its value:

U.S. manufacturing appears weaker than the hype — employment, hours, and production all slipped in September, challenging hopes of a robust industrial rebound.

NVIDIA’s Q3 earnings crushed expectations again, driven by explosive Data Center growth and soaring global AI demand. Big Tech and governments are rapidly buying GPUs, reinforcing NVDA’s dominance and easing AI-bubble fears.

Zoom stock price has remained in a deep consolidation phase in the past few years as demand for its services waned. It has remained inside the support and resistance levels at $56.27 and $91 since 2022. 

Michael Burry, the man behind the “Big Short” during the Great Financial Crisis, is shorting the AI trade because he notes that hyperscalers have been depreciating their GPU chip investments over more than three years.

AI financing through SPVs moves massive risks off balance sheet. This analysis shows how tech giants structure billions outside direct view. Regulators are watching, but they trail behind the speed of the market.

Longer term, I do not really know where we go, but you could make an argument for 162 yen before it is all said and done.