US stock market funds tend to penalize capital expenditures and heavily reward conservatism, cash, and positive cash flow. Look at Apple, a company with virtually nothing, yet precisely because it lacks AI but has cash and positive cash flow, it's been turned into a meme stock by investors. 5 trillion dollars, 7% in a day. Funds can turn low-volatility, safe-haven stocks into high-volatility, risky stocks—it's fucking amazing! There's another tech stock that also has positive cash flow.