The AI Frenzy Is Back and Lifting the Entire Stock Market to Record Highs - WSJ

So the Orcs are back in force, eh? The WSJ reports the AI frenzy is 'lift[ing] the entire stock market to record highs,' which is splendid news if your portfolio is made of snake oil. Nvidia alone re-announced itself like a bad rash, adding another trillion or so to its valuation on the back of new 'DGX clusters' and superhuman revenue projections. Don’t you just love a one-trick economy where every sector—from tractor makers to soft drink giants—pills itself with AI make-believe? The hype cycle—which [we mentioned earlier in priors](/pr)—has clocked perfectly around quarterly results comfort. Yet beneath the sharpie-levels of capital flow? Hardly you looked late behind NASDAQ’s silk curtain: treasured enterprise remains cool to insane copper runs and agent ROI seems heavy as lead — but obviously the world market says add more!