All the big tech giants have started to go IPO alongside most of the deals are done through special purpose vehicle keeping the risk off the balancesheet. Japan and Korea index rallied just because of AI demand. Alphabet recent 80B sell of stock is too unprecedented. Microsoft tightening the belt and oracle CDS at all time high.
All tech layoffs as seems AI investment has been made and damages have started to make cracks. Everyone is rallying but this gotta anytime soon.