J.D. Joyce, president of Joyce Wealth Management, dismissed comparisons to the Dotcom bubble, noting that today’s tech leaders possess tangible earnings and robust business models. While he flagged concerns regarding the high valuations of some recent initial public offerings, he maintains that the broader sector remains fairly valued. SpaceX shares surged more than 13% following their debut last week, bolstered by anticipation that the stock will soon be integrated into major market indexes.
Meanwhile, Anthropic is navigating a high-stakes confrontation with the Trump administration. The AI model maker dispatched its top technical staff to Washington over the weekend, seeking to negotiate a resolution to current export restrictions that threaten its operations.
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