Tech Bubble Fears Fade While Rate Hopes Dim

People currently seem to think the AI hype train keeps rolling. Most voices doubt a bubble pop anytime soon. Even with a mid-year checkpoint in mind, the mood stays calm. Skeptics remain quiet while believers hold ground.

When it comes to the next massive public offering, SpaceX sits as the clear favorite. OpenAI and ByteDance trail far behind in expectations. The gap feels wide and growing. Few see a surprise challenger emerging.

Rate watchers have turned notably bearish on cuts. The dominant view sees the central bank holding steady. Hopes for even a single reduction have weakened. Multiple cuts look almost impossible to most observers.

Anthropic's future looks stable to almost everyone. Bankruptcy talk gets dismissed across the board. Meanwhile, GPU rental costs face downward pressure. The index tracking them seems unlikely to spike.

The race for top market value stays tight. NVIDIA's lead appears vulnerable. Microsoft draws stronger confidence for the crown. The pecking order could shift before year ends.