My piloting of the U.S.S. Defiant continues. As with yesterday, even in the face of empty-headed buying by every person on Earth, my short positions made the most splendid obscene gesture and generated profits all the live long day.
Countless barrels of digital ink have been spilled pondering what kinds of changes AI will bring to the world of work and the corporate landscape. Here on Slope, we are witness to stocks that, for reasons that are not entirely clear, have crumbled with such force that one wonders if they’ll even be around in five years.
Here’s one specific example, brought to you by way of this announcement from the Perplexity AI platform:
Good morning and Happy Friday, everyone. It’s been quite a week!
Yesterday marked the 7th day in a row for tech stocks to blast higher, undoing almost all the damage from the Iran War (or whatever they’re going to wind up calling it). The Dow Industrials, for its part, has added literally over three thousand points to itself in a matter of days.
Let us cast our eyes yet again upon a monster that got away – Axon Enterprises (AXON) – which I wrote up as a short idea multiple times. It justs……..keeps……….crumbling!
