Matt Cerminaro

So going back to this idea that like, you know, AI is infallible and AI can just do everything that we want it to do.

Not true, there's proof.

Let's do this chart real quick on.

Well, hang on.

I went too fast.

No, it's okay.

are we looking at matt all right look at this move in semis okay so i know that we know that semis are ripping but holy hell okay the chart on the left is the rolling 44 trading day change 44 days is since the march 30 2026 like sort of short term low up 64 that's the second uh the second highest

return over 44 day trading period since 1993.

And then on the right, we have the rolling returns since October 12th, 2022, which is 912 trading days.

And we've never had a 912 trading day change that is this high.

It's 796% since October 12th.

Yeah, John, you want to throw up this chart of the year-over-year revenue growth of these different holdings within IGV?

There we go.

I mean, Palantir, Crushing, 56% revenue growth, Datadog, CrowdStrike, ServiceNow.

These companies are growing their revenue.

I think the the weakness in these stocks is the market just rewriting them, saying the multiple is is not as premium as it deserved before artificial intelligence, literally.

And there's a rewriting that has to happen.

And like those charts you showed before, Michael, the stock price is going to discount what's going to happen.

The stock price is going to like the price moves first and the reasons will follow later.

And we don't know the reasons yet.