I am as bullish as the next guy but with recent price action it’s becoming increasingly harder to believe that sentiment around AI stocks is going to significantly change as the market tries to absorb Anthropic’s IPO

$NBIS closed the week below its 50-week MA, for the first time since May of 2025 😱

For everyone asking “why are my AI stocks getting killed?“ It’s pretty simple, the market is not paying a premium or rewarding the high spend for growth anymore. Earnings reactions have been a glaring reflection of this.