AI Mania or Next Big Bubble?

Every market cycle has its warning signs.

2000 — Dot-com crash: Nasdaq -77%
2008 — Housing crisis: S&P 500 -57%
2015 — Major selloff: S&P 500 -22%

Now in 2026, AI valuations are grabbing the spotlight while major names line up for the IPO market:

$SPCX
$ANTHROPIC
$OPENAI

The real question isn’t whether AI is powerful.

It’s whether expectations have already gone too far.