Ticket reseller StubHub went public on Wednesday. Although StubHub’s shares closed 6% below their IPO price of $23.50, valuing the company at over $7 billion, the public debut itself is a testament to the co-founder’s decades-long perseverance. StubHub CEO Eric Baker co-founded the company with Jeff Fluhr in 2000 while they were attending the Stanford Graduate School of Business. This was shortly after the dotcom bubble burst and NASDAQ crashed, but the pair didn’t give up. “Stupid competitors went away ...

OpenAI chairman Bret Taylor is not naive to the potentially mammoth consequences of a tech bubble, but he said the prospect isn’t without its benefits. The former Facebook CTO and current CEO of AI business platform Sierra shares the opinion of OpenAI CEO Sam Altman that we’re in an AI bubble—but that’s not entirely a bad thing. “It is both true that AI will transform the economy, and I think it will, like the internet, create huge amounts of economic value in the future,” Taylor said in the most recent e ...

Group 1 - The current market sentiment is reminiscent of the early days of "Squawk Box," with increased excitement among investors about individual stocks and optimism about making money [1] - The show "Squawk Box" played a significant role in making market information more accessible, contributing to the democratization of stock trading [2] - The burst of the dotcom bubble led to a shift in investor behavior, with many preferring index funds over individual stocks due to perceived risks [3] Group 2 - Today's investors are becoming aware of the potential for profits in the market, indicating a shift from greed to awareness [4] - Large individual stocks, particularly in sectors like data centers, are experiencing significant gains, suggesting a return to single stock investments [4][5] - Companies such as Oracle, Nvidia, and Palantir are highlighted as examples of stocks that are generating substantial returns for investors [5]

U.S. stocks' record valuations are drawing comparisons to the Dotcom bubble. https://t.co/RNYtSNYAII ...