• orclev@lemmy.world
    link
    fedilink
    arrow-up
    56
    ·
    1 day ago

    Just wait until they figure out that the hundreds of billions of dollars that keep showing up in deals don’t actually exist because it’s all a giant circle and all the deals cancel out. They’re literally trading the same imaginary money back and forth to generate headlines to pump the stocks. Also apparently the company formerly known as Facebook might not actually have enough money to cover the cost of their shiny new data center. If Zuckerbot manages to bankrupt his company chasing the AI fad I am going to laugh so hard I might actually pass out

  • UnderpantsWeevil@lemmy.world
    link
    fedilink
    English
    arrow-up
    5
    arrow-down
    2
    ·
    edit-2
    16 hours ago

    Didn’t the NASDAQ just do a 2.2% bull run yesterday? We’re at a historical high watermark and people post like its crashing.