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'SpaceX’s $60 billion all-stock purchase of Cursor, a programming assistant that popularized “vibe-coding,” ... is part of a rush of stock issuance that should raise serious red flags even among those who dismiss elevated valuations.' www.wsj.com/finance/stoc...
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When companies as a group turn into sellers, it’s a reasonable sign that stocks are very overpriced.
All the Money Flooding Into AI Is a Giant Warning Sign
www.wsj.com
Aryeh