Burn, baby, burn. π₯
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DISCO INFERNO!
Well struck, sir!
Gazoline is at a record high, but I will happily fund a Jerrican to feed this fire.
Not enough. I want them burning. I want their CEOs, the Epstein class, strapped to the walls and the people pissing on them.
Intel is down, AMD is down, SpaceX is going down slowly. Amazon dropped like a rock at the same time as Intel and AMD, but they seemed to have climbed out of the ditch somewhat, but as of yet still not up to where they were before 4pm CET yesterday.
Nvidia is also down, but not by much. In fact, a lot of America is down in stocks at the moment, while Europe is going up in stocks.
Every big financial crisis has a few pump and dumps along the road before the real sell-off starts, which is all in the hands of the actual elite.
Intel is down, AMD is down, SpaceX is going down slowly.
Off of stratospheric highs. They're now merely overvalued, rather than extremely overvalued
Their worst day so far.
"value" lol
Rookie numbers. Iβd love to see this doubled.
good. price of evil
Buy The Dip
I already have guac, don't need more.
Oh no! Anyway
POP

Bubbles donβt pop.
Elaborate please.
Are houses cheaper yet??
Good point.
Yea but houses are something you will fight for to keep until the very end, you can't just abandon it no matter how shit things get.
AI tech on the other hand no-one gives a shit enough to keep them going if the tide is turning.
The biggest problem will be if the pedo and chief decides to take American tax money and bail out the industry, since his cult would probably cheer on him transferring more wealth to the Epstein class
Pretty soon the stock market is just going to be GameStop, and the people who believed that stock was showcasing the fundamental cracks in the market. Wall Street has never cared as much about investors, as when it comes to warning people what a risky stock GME is...but that's just because they're Marianas Trench level underwater shorting that stock.
GME will be the last stock standing when it all comes undone.
Ad hominem attacks and FUD incoming in 3...2...1...

Completly off topic, but English is such a frustrating written language. Re-read (is that past-tense or future-tense? unimportant!) the first part of the headline several times because I was reading:
Alphabet shares (as in file share) record (as in Guiness World) their worst day ever
Then pausing to try and decide if my brain was melting or there was a grammatical error; turns out I just read it poorly!
Whoever decided things like they're, their, there should all sound the same, and read, read should look the same; I wish them the worst day on record.
dude at least it's not japanese. Written japanese is easy to disambiguate, whereas spoken japanese is impossible to disambiguate to the point where the japanese themselves are trained to infer everything from context because everything they say is a homophone of everything else. And yet, despite being trained to do pragmatics since birth.... they're one of the most conformist peoples out there. Go figure.
Japanese is easy, I'm something of an expert myself
Domo arigato Mr robato!
Alphabet shares record? That's nice, I wonder if its 45 or 78RPM.
lol
So far
But all that AI is coming at a massive cost to Alphabet, which disclosed that it has committed to more than $1 trillion worth of multiyear spending agreements to fund the infrastructure, energy and leases required to run AI systems.
This is the problem right here: lack of faith. Google should announce $3 trillion in new AI commitments. Stock market are just a bunch of pussies that can't clap hard enough for Tinker Bell to live.
Did you see the part where their revenue was down because fewer ads were being served because people are using their stupid AI summaries instead of searches? God, these people are short-sighted.
There's also been a multiyear trend of dropping ad sales overall, especially with higher quality companies. Meaning they need far more impressions of the same buyers to make ends meet.
They are all experiencing a recession, hidden by the Ai bubble, so the only people buying ads are lower quality scam companies, gambling and other bullshit. These are less sustainable clients that can vanish at any moment.
Ads targetting people who cant afford to buy things are also not super viable.
I know the article is about google, but the bit about caterpillar is insane.
The bleeding even spread beyond the tech sector, as shares of the construction equipment giant Caterpillar β a key supplier of the machines required to build data centers β plunged 9.2% on Thursday. Caterpillarβs recent earnings report revealed that its revenue beat Wall Street expectations but by less than many traders had hoped.
So, their earnings beat expectations, but they didn't beat the expectations for how much they'd beat expectations, so the share price went down.
What is even going on at this point?
Welcome to stock market, where the stock price is based on expectation instead of how well the company actually doing. There could be profit but if the profit is slightly less than last quarter, the day traders all gonna throw their baby tantrum.
And that's fine. It incentivizes some weird behavior, but there can be rational strategies that work in that environment, not only the deranged herd behavior that we see during speculative bubbles such as this one. And there are even worse methods of allocating money to investment opportunities (for example, politicians picking winners).
Amaze amaze amaze! β€οΈβ€οΈβ€οΈ
I for one look forward to the humorous Adam McKay movie explaining how we all lost all our pensions over this.
My car got gemini and now I cant get it to play tambourine man by bob dylan