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[-] SecretiveVault@lemmy.zip 9 points 1 day ago

"value" lol

[-] UnderpantsWeevil@lemmy.world 4 points 1 day ago

Buy The Dip

[-] cheat700000007@lemmy.world 4 points 1 day ago

Oh no! Anyway

[-] radiofreebc@lemmy.world 3 points 1 day ago* (last edited 23 hours ago)

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...

[-] minpraew@lemmy.world 1 points 19 hours ago
[-] nothrone@lemmy.dbzer0.com 19 points 1 day ago

Not enough. I want them burning. I want their CEOs, the Epstein class, strapped to the walls and the people pissing on them.

[-] TheLastOfHisName@sopuli.xyz 38 points 2 days ago
[-] zebidiah@lemmy.ca 4 points 1 day ago
[-] TheLastOfHisName@sopuli.xyz 3 points 1 day ago

Well struck, sir!

[-] durably465@lemmy.ml 5 points 1 day ago

Gazoline is at a record high, but I will happily fund a Jerrican to feed this fire.

[-] bitjunkie@lemmy.world 2 points 1 day ago
[-] Blackmist@feddit.uk 20 points 2 days ago

Their worst day so far.

[-] Tattorack@lemmy.world 21 points 2 days ago

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.

[-] UnderpantsWeevil@lemmy.world 2 points 1 day ago

Intel is down, AMD is down, SpaceX is going down slowly.

Off of stratospheric highs. They're now merely overvalued, rather than extremely overvalued

[-] IndustryStandard@lemmy.world 4 points 1 day ago

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.

[-] plenipotentprotogod@lemmy.world 225 points 2 days ago* (last edited 2 days ago)

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 — a key supplier of the machines required to build data centers — plunged 9.2% on Thursday. Caterpillar’s 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?

[-] psx_crab@lemmy.zip 94 points 2 days ago

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.

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[-] kat_angstrom@lemmy.world 22 points 2 days ago

The stock market is just rich people's feelings

[-] Pyr_Pressure@lemmy.ca 46 points 2 days ago

Yet Tesla can do absolutely fucking nothing and then do a Nazi salute and shares go up 50%

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[-] Aceticon@lemmy.dbzer0.com 57 points 2 days ago
[-] zod000@lemmy.dbzer0.com 22 points 2 days ago

Don't get our hopes up, Yoda

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[-] Mastengwe@sh.itjust.works 16 points 2 days ago

Rookie numbers. I’d love to see this doubled.

[-] schipelblorp@sh.itjust.works 236 points 3 days ago

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.

[-] GuyDudeman@lemmy.world 91 points 2 days ago

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.

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[-] some_guy@lemmy.sdf.org 41 points 2 days ago

We're gonna see a bloodbath as the whole thing teeters over the edge and then falls. Trade wars, real war, stupid decisions from an orange asshole. It'll all add up. We're about to be cooked.

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[-] M137@lemmy.today 40 points 2 days ago
[-] Blackmist@feddit.uk 78 points 2 days ago

I for one look forward to the humorous Adam McKay movie explaining how we all lost all our pensions over this.

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[-] kreskin@lemmy.world 65 points 2 days ago

I asked chatgpt, it said this is fine.

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[-] roserose56@lemmy.zip 26 points 2 days ago

Maybe they should fire couple more stuff.

[-] 18107@aussie.zone 41 points 2 days ago
[-] bold_omi@lemmy.today 7 points 2 days ago
[-] edg@lemmy.world 8 points 1 day ago

It's from Non Sequitur, by Wiley Miller. Not sure if he's still active but his comics have been in print for decades.

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[-] Sam_Bass@lemmy.world 13 points 2 days ago

good. price of evil

[-] AccoSpoot1@lemmy.world 15 points 2 days ago

That is a frankly absurd amount of money to lose in a single day and not go out of business!

[-] tauisgod@lemmy.world 3 points 1 day ago

I bought a block of cheese for $10. Yesterday someone offered me $12 for it. Today someone offered me $8 for it. Where did the $4 go?

[-] wewbull@feddit.uk 1 points 22 hours ago

The company hasn't lost anything. The investors in the company lost money.

Well they didn't actually lose any money just that some shareholders sold it for less than they bought it for today.

[-] merc@sh.itjust.works 13 points 2 days ago

Maybe not even that. The people who bought at the top might not be the ones who sold. The ones who sold might be long-term investors who are still in the black because of the stock's huge growth in the last 5 years. Someone who bought the stock exactly a year ago is only down about 1.5%. Someone who bought 5 years ago has almost doubled their money.

All that has really happened is that the collective opinion of all Alphabet shareholders is that the company was overvalued by about 15% compared to what they thought it was a couple of days ago.

[-] Windex007@lemmy.world 1 points 1 day ago

The degree to which share price discovery is fundamentally rooted in optimistic speculation, as opposed to any actual evidence... at some point talking about "value" becomes a little weird. "Overvalued by 15%" reads like a chemist doing a titration.

People were more interested in selling than buying yesterday.

[-] AccoSpoot1@lemmy.world 11 points 2 days ago

I hate capitalism.

[-] CAPSLOCKED@lemmy.world 58 points 2 days ago

anyone notice their search engine enshittify with dates? an advance search let you search between points in time, like between 2010 and 2012 specifically. you can't do that anymore. other search parameters are gone. along with renaming lake ontario it's the equivalent of history book burning.

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[-] BallShapedMan@lemmy.world 80 points 3 days ago

Amaze amaze amaze! ❤️❤️❤️

[-] desmosthenes@lemmy.world 18 points 2 days ago

it’ll be back next week; they’re a blue chip and will probably start injecting ads into ai anyway

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[-] Squizzy@lemmy.world 63 points 2 days ago

My car got gemini and now I cant get it to play tambourine man by bob dylan

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this post was submitted on 29 Oct 2026
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