Nvidia is not Pets.com, and Sozzi says that is why this is not 1999

Summary

Apple beat. Palantir grew 96% and raised guidance again. Both stocks fell anyway, and Brian Sozzi thinks that is the new problem: if the AI payoff arrives slower than hoped, every company tied to it has to be re-rated, not just the hyperscalers. Then he argues with the conclusion everyone draws from that. The companies powering this boom hold real cash and real businesses, and he will not accept the dot-com comparison. Also: Changpeng Zhao on the Binance hack, Disney cutting again, and why McDonald's is losing ground to three rivals at once. Featuring Changpeng Zhao, Co-Founder and former…

Description from Yahoo News.