Gene Munster is a great stock market analyst. He says the recent Nasdaq selloff (~7% in July) is a healthy reset, not a breakdown. We are still in the “third inning” of AI wealth creation (not the technology rollout itself). Investors are nervous

When you use an AI to write code, you pay for tokens — chunks of text the model reads and writes. Frontier models charge a lot per token. Cheaper models charge a fraction. Think of building a house. An architect charges $500 an hour; a bricklayer