Stonks go up if profits exceed analyst expectations. The Ai stocks have pulled the entire market up the last year, even when ordinary people had much less money left and everything was much more expensive due to inflation.

I think probably it will continue to do that actually, since Ai is the new hype, and tons of startup companies are launching Ai products.

Most will fail of course but it still drives the profits for the cloud companies hosting the infra, or Nvidia and those who make the hardware.