Midas Trend|Apr 17, 2026 01:09
I’m announcing that starting today, I’m selling off all my AI stocks! Not keeping a single share! Absolutely not chasing the last penny, not eating the last piece of sugarcane, and definitely not biting the fish tail!
The AI stock bubble is way too big. A failing shoe company, AllBird, announced it’s pivoting to AI after being acquired, and its stock price instantly skyrocketed 8x.
How is this any different from the dot-com bubble back in the day, where any company with a .com in its name saw its stock price shoot up? Or the blockchain hype in 2021, where any company announcing blockchain-related plans saw their stock prices soar?
What followed was a massive crash, a brutal bear market. There’s nothing new under the sun—time to make an exit.
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