Lululemon down 80% from $60B peak to $10B, while near-frontier AI labs top $10B on talent alone
ivan_bezdomny · x · 2026-09-04
Lululemon fell another 20% after a weak earnings report, with market cap down over 80% from a $60B peak in 2024 to $10B. The poster contrasts this with AI companies running near-frontier models that are worth more than $10B on talent alone, highlighting how AI valuations are driven by people and model prospects rather than current revenue.
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