We've seen this film before...
Nasdaq hit its 12th straight record close while companies with 0 AI expertise rebrand overnight and rip 200-600%26 years ago, it was a similar script with ".com"Then (1998-2000):• April 9, 1998: K-Tel announced a pivot to online music sales and stock ripped +900%• March 29, 1999: Computer Literacy rebranded to Fatbrain com and stock ripped +322%• March 21, 2000 Goldman Sachs told clients to go 90% stocks• April 17, 2000: Nasdaq had its biggest one-day point gain in history.In 2026:• April 2, 2026: Goldman Sachs told clients the worst of the selling is behind us• April 15, 2026: Allbirds rebranded to NewBird AI to rent GPUs and stock ripped +582%• April 16, 2026: Myseum rebranded to Myseum AI and stock ripped +200% pre-market• April 16, 2026: Nasdaq closes at a new all-time highThe Nasdaq crashed 78% and bottomed 30 months after that April 17, 2000 rally...
