The AI hypy has inflated the values of the "magnificent seven". Meta,MS,Appl, Amzn, Nvidia ect. Retail and various professonal investment chasing indirect investment in AI,ie MS owns almost half of openai. Also 401k rebalancing. Are driving the valutation of those public stocks to very unbalanced valuations with zero increase in business.

Its complicated. Though you could argue its all good business. But first buy my swampland in florida please.