Are the ‘MANGOS’ Stocks Already Turning Soft?

kept by eddie jul 05

The MANGOS stocks—Meta, Anthropic, Nvidia, and others—show early signs of softening performance as the AI boom's momentum begins to fade.

Fear of AI Replacing Software Makers Hits Stocks. Here’s What to Know. - The New York Times
Advances in AI software tools triggered a Wall Street sell-off this week, reflecting fears that AI will disrupt and replace software developers.
also on #stocks, #business-strategy, #ai
Jensen Huang says Nvidia is pulling back from OpenAI and Anthropic
Nvidia CEO Jensen Huang says the company's recent major investments in OpenAI and Anthropic are likely its last, as both startups prepare for public offerings.
also on #investment, Nvidia, Anthropic, #business-strategy, #ai
Anthropic Unveils $1.5 Billion Joint Venture With Wall Street Firms - WSJ
Anthropic, Blackstone, Hellman & Friedman, and Goldman Sachs launch a $1.5 billion joint venture to sell AI tools to businesses, including private-equity portfolio companies.
also on #investment, Anthropic, #business-strategy, #ai
Things I Think I Think... The New Internet Era
Drawing on dot-com history, predicts AI-focused companies like OpenAI and Anthropic will collapse while incumbents like Apple, Microsoft, and Meta survive by treating AI as a means, not an end.
also on Meta, Nvidia, Anthropic, #business-strategy, #ai
The vibes in SF feel pretty frenetic right now. The divide in outcomes is the worst I've ever seen. Over the last 5yrs, a group of ~10k peo
A small group of AI employees have amassed retirement wealth, creating a harsh divide that leaves others in San Francisco feeling anxious, purposeless, and career-paralyzed.
also on Meta, Nvidia, Anthropic, #ai