The sharp drop is the latest sign of anxiety creeping through Wall Street over how long it will take AI companies to see returns on massive investments.
  • Tattorack@lemmy.worldEnglish
    72·
    1 hour 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.

  • NebulaNymph@programming.devEnglish
    11·
    42 minutes ago

    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.

    • IlCaviale@lemmy.worldEnglish
      1·
      31 minutes ago

      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.

      • merc@sh.itjust.worksEnglish
        7·
        2 hours 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.

  • some_guy@lemmy.sdf.orgEnglish
    391·
    10 hours 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.

      • notthebees@reddthat.comEnglish
        3·
        7 hours ago

        If yoda is in a K-hole, would he speak normally because he is not human or just have normal khole symptoms.

        • vaultdweller013@sh.itjust.worksEnglish
          1·
          7 hours ago

          Yodas dialect is just old as dirt and it shifts in and out depending on how much of ass he is being. Presumably much like real accents and dialects it probably gets noticeably thicker the higher he is, for example I have a weird mix of dialects from my region so when tired enough I sound like a Okie with a brogue thrown in.