Major Market Top Sign: Insiders Are Cashing Out

Bret Jensen Investing Group Leader Follow Summary AI-driven IPO and capital markets activity in 2026 mirrors the late-stage exuberance of the 1999 Internet Boom and 2021 SPAC surge. Coreweave (CRWV) kicked off the recent IPO wave, raising $1.5B despite $860M FY2024 losses; shares have since declined 40% and CDS prices have surged. Major tech IPOs like SpaceX (SPCX) and upcoming Anthropic (ANTHRO) are commanding multi-trillion-dollar valuations despite ongoing losses and competitive pressures. Insider selling at AMD and NVDA, alongside massive off-balance sheet liabilities at hyperscalers, signals heightened risk as market concentration intensifies. Looking for a helping hand in the market? Members of The Biotech Forum get exclusive ideas and guidance to navigate any climate. Learn More » Techa Tungateja/iStock via Getty Images There has been much ink spilled throughout this year comparing the massive AI infrastructure buildout to the last innings of the Internet Boom. And there is some considerable merit to that argument. Both eras were driven by a genuine and major technology This article was written by Bret Jensen 58.64K Followers Follow Bret Jensen has been investing since the 1980s. He has been writing for Real Money Pro and Seeking Alpha since 2010. Bret specializes in high beta sectors with potentially large investor returns.Bret leads the investing group The Biotech Forum, in which he and his team offer a model portfolio with their favorite 12-20 high upside biotech stocks, live chat to discuss trade ideas, and weekly research and option trades. The group also provides market commentary, and a portfolio update every weekend. Learn More. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.