Global markets, including Australias, recently experienced significant drops, but Nvidias impressive profits and positive outlook helped calm nerves. However, this has sparked debates about the justification of AI excitement and potential bubbles. Australias market, influenced by Wall Streets concerns, recovered after Nvidias strong earnings. Despite recent gains, some experts now predict rate increases. Australian stocks, particularly tech companies, have seen volatile swings, leading investors to question if theres an AI bubble. While some metrics suggest high valuations, others indicate that initial overestimations often lead to crashes, followed by underestimation before new industries prove themselves.

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