Reported about 12 hours ago
The article discusses how Wall Street has moved from traditional business fundamentals to a focus on 'vibe trading,' where stock values are driven more by sentiment than financial performance. Using Tesla as a primary example, it highlights how the company's market value is largely based on future technologies and hype rather than its core automotive business. Despite the disconnect between stock performance and actual product sales, this trend leads to significant profits for investors who embrace the hype, leaving cautious investors behind.
Source: YAHOO