Miner Company
The AI Bubble Is Starting To Crack
The AI supercycle narrative remains strong, but early warning signs—credit market stress, declining job postings, and missed revenue targets—suggest upside may be fully priced in. Rising Oracle credit default swaps and aggressive enterprise revenue projections highlight growing disconnects between valuations and underlying fundamentals.
The AI supercycle narrative remains strong, but early warning signs—credit market stress, declining job postings, and missed revenue targets—suggest upside may be fully priced in. Rising Oracle credit default swaps and aggressive enterprise revenue projections highlight growing disconnects between valuations and underlying fundamentals.