Tech stocks bouncing back as dip buyers return to battered AI trade; asking if worst is behind us for Apple and Amazon.
speaker1
Mandeep Singh
Software sector valuations were stretched; Palantir at 80x sales vs Anthropic at lower multiples; uncertainty remains about AI capex allocation between memory shortages and real capacity.
Asking if regime has shifted and if companies will be judged differently with new metrics.
speaker1
Mandeep Singh
Absolutely in new phase; token consumption is new metric; market seeks long-term revenue visibility missing in software sector.