A logical reversal!
Salesforce's better-than-expected earnings and conservative guidance completely outperformed Nvidia's better-than-expected earnings and optimistic guidance.
Software stocks surged like the rising sun last night, with retail investors aggressively buying in like YOLO; Nvidia's performance was like the setting sun, leaving institutional investors trembling with fear.
The devil whispers in investors' ears: Apple, Salesforce, Tencent, and other AI conservatives who are clinging to cash flow are right, after all, AI's monetization capabilities are currently as pitiful as Crypto's public chains!