Aug. 19 at 5:52 AM
$BBAI The pullback from the highs in BigBear, Opendoor, SoundHound and the rest isn’t the death of AI. It’s just rotation. Higher yields are beating the hell out of growth valuations while energy, industrials, and the other old-school names that actually report real earnings get treated like the grown-ups in the room.
The market wants receipts before it pays peak multiples again. It wants to see that mountain of capex actually turn into something besides PowerPoints and promises. AI will still be the main event later. The pimp of the whole industry, for lack of a better word. But first it has to get through this digestion phase.
Unfortunately the bears and the big money will chew it up, shit it out at 60-80%📉 of current prices, then circle back and buy the same names they just destroyed. Should be criminal im. But that’s the movie. The market always crashes, and when it does AI will get hit the hardest. After its little baptism of fire it becomes the dominant player like .com.
