I recall thinking the same thing when Apple and Microsoft hit $1tn. Here we are less than a decade later and they’re up 3-400%.
I recall thinking the same thing when Apple and Microsoft hit $1tn. Here we are less than a decade later and they’re up 3-400%.
Microsoft and Apple had decades of profitable years before hitting a trillion. AI companies are seeking trillion dollar IPOs without profits, selling a service well below its actual cost.
And they had a moat that didn't depend on a competitor not releasing a better model.