Democracy in the US is under serious threat by a deranged orange comestible, but you wouldn't see any signs of that from watching the absolutely delusional stock market, which seems to only care about AI stocks continuing to lift the entire market thanks to their outsized value in it and all the wealth tied up in some fairly shaky but critical assumptions.

In other news, Financial Times reports just now that Oracle's market value jumped $200B thanks to a surge in AI investment, taking Larry Ellison's worth to that of Elon Musk.