• nothrone@lemmy.dbzer0.com
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    6 days ago

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

  • Tattorack@lemmy.world
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    7 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.

    • IndustryStandard@lemmy.world
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      6 days 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.

    • UnderpantsWeevil@lemmy.world
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      6 days 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

  • radiofreebc@lemmy.world
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    6 days 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…

  • NebulaNymph@programming.dev
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    7 days 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.world
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      7 days 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.

  • schipelblorp@sh.itjust.works
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    8 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.

    • Guy Dudeman@lemmy.world
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      8 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.

      • TeaWithDani@lemmy.world
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        7 days ago

        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.

      • Valmond@lemmy.dbzer0.com
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        7 days ago

        You talk about those people who had a close to a search monopoly, and to make the line go up, degraded results so people would spend more time searching (and thus being exposed to ads)?

        • athatet@lemmy.zip
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          7 days ago

          If you tell someone to look something up you say “google it” even if you aren’t talking about a computer. They had the entire world by the balls and they threw it away on the actual dumbest shit.

      • criss_cross@lemmy.world
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        7 days ago

        They’re betting that they can slowly start incorporating ads into those AI summaries.

        EDIT: However that’s a losing bet as anyone can get a local model that can do a search like that without the enshittified model.

        • Meatwagon@piefed.blahaj.zone
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          7 days ago

          The common person is not tech literate enough for that.

          On my end, I would love to do that but 1 ram is 10 billion dollars and I was a fool who didn’t upgrade to 32g when I could.

          • Malica@lemmy.zip
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            7 days ago

            It’ll come back down in a few years. Chinese ram is pretty good too I hear