Dec 17 The AI multiple contraction continues

$SNOW $TTAN

Author

Mukund Mohan
December 17, 2025

Market

“Of the 25 companies in the AI space, I think the ones that are primed for growth in the next 5 years will take a significant haircut by 70% before they start to move higher again such as $CRWV ( ▼ 7.12% ) or $NBIS ( ▼ 6.79% )  ” 😊 😋

Indices took a break on AI valuations

It has been an AI bloodbath today. I track about 25 core companies in the AI list and while I have been expecting a valuation reset, right now they are 50% off the highs and there’s more room to go down. But in the long term you want to pick the winners.

Infrastructure companies in the AI Space.

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Insights from the portfolio

Snowflake earnings review and deep dive $SNOW

Snowflake is a cloud-native data platform that enables enterprises to store, process, and analyze data across multiple clouds with separation of compute and storage.

stocksmarts.substack.com/p/snowflake-earnings-review-and-deep-b77

Video of the day

Today’s video is on Snowflake $SNOW ( ▼ 1.95% ) the cloud data warehouse.

Deep dive of the day

Service Titan earnings review and deep dive $TTAN – Investment Literacy Coach

blog.mukundmohan.online/index.php/2025/12/17/service-titan-earnings-review-and-deep-dive-ttan

Good setups for swing

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