∞ALPHA

The current AI boom is moving past the "echo" stage and into territory that mirrors the final weeks of the 2000 tech bubble. While the players are more profitable today, the technical data suggests we are reaching a fever pitch. The Critical Numbers Velocity of Gains: In March 2000, the top 10 Nasdaq stocks averaged a 622% one-year gain. As of May 2026, that average has climbed to 784%. Concentration Risk: AI-related stocks now hold a larger weighting in the S&P 500 than the

Nvidia has significantly expanded its investment portfolio, with over $40 billion in equity bets committed in 2026 alone. Its strategy focuses on vertically integrating the AI supply chain by backing companies that develop AI models, provide data center infrastructure, or innovate in silicon photonics. Foundation AI & Software Models OpenAI: Its largest single investment, totaling $30 billion. Anthropic: Participation in massive funding rounds for this AI safety and research

Walmart is currently trading at valuations typically reserved for high-growth technology stocks rather than traditional retailers. The stock trades at approximately 40 times forward earnings, which is significantly higher than its historical average of roughly 23 times. Investors are betting on Walmart because its massive investments in supply chain and digital infrastructure are finally yielding high-margin returns. Despite the optimism, Walmart still lags significantly beh