“value” lol
lol
Not enough. I want them burning. I want their CEOs, the Epstein class, strapped to the walls and the people pissing on them.
Burn, baby, burn. 🔥
DISCO INFERNO!
Gazoline is at a record high, but I will happily fund a Jerrican to feed this fire.
Their worst day so far.
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.
Rookie numbers. I’d love to see this doubled.
good. price of evil
That is a frankly absurd amount of money to lose in a single day and not go out of business!
Well they didn’t actually lose any money just that some shareholders sold it for less than they bought it for today.
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.
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.
I hate capitalism.
POP
Bubbles don’t pop.
Elaborate please.
Are houses cheaper yet??
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
Good point.
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.
I’ll toss some oregano under my pits. If we’re getting cooked I wanna smell tasty.
Begun the AI Crash has.
Don’t get our hopes up, Yoda
More ketamine, I must have. Crashed my Honda Civic, I did. Looking forward to withdrawals, I am not.
If yoda is in a K-hole, would he speak normally because he is not human or just have normal khole symptoms.
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.
Maybe they should fire couple more stuff.
Artist credit?
It’s from Non Sequitur, by Wiley Miller. Not sure if he’s still active but his comics have been in print for decades.
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?
The stock market is just rich people’s feelings
This also points out how the AI bubble is affecting the economy far beyond the tech sector.
Construction equipment used to be used for other things, not just building datacenters. But, since the start of the AI bubble, almost everything else has slowed down because they’re dedicating so much construction equipment and workers towards building datacenters.
https://futurism.com/future-society/data-center-spending-ai-bubble-construction
In just 1 year, construction work on DCs has gone up by 64.5%. And, that’s from 2025 to 2026. It’s not like it was at a standstill in 2025. Meanwhile, residential construction is down significantly. And, there has been a 25% cut in construction related to manufacturing.
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.
Not to mention as much as this stock fall is “a big deal” it’s just fallen to where it was back in March. And of course that March fall was also a singular moment, because before that were just back to October 2025.
So sure, they’ve lost a year of stock growth, and in a world of “line must go up” falling back a year of stock growth isn’t nothing… But it’s also far from the end of the world.
Which is all to say, Google’s fine in the long run. Day traders don’t look at the long run, so for the moment “panic”, but ultimately it’ll pass.
Welcome to the stock market, which functions off the unsustainable concept of infinite growth
This exact thing has been driving me crazy for like a decade now. Say a company makes $1 billion in profit one year, and the next year isn’t as good but they make $800 million. Still a very profitable company, but because it was less then the year before it’s considered horrible and the company is basically going out of business.
You own land, and you decide to plant it full of one type of crop because the forecast promises you an excellent harvest. You don’t have money, so you get a deposit from people buying the crop, in return of a certain share of the harvest. But most people that did so actually believe the forecast was very conservative and the crop will end up even bigger, so they’ll expect more than you promised.
Then the forecast changes, and the harvest might end up smaller, and much smaller than the people expected. Some want their deposit back, but to do so they have to sell that share to someone else, but they buy it with the current forecast and demand, and pay way less for it.
People buying Caterpillar expected for a massive construction boom. Any kink to that forecast is going to cause some people to reconsider and pull their money to the next potential company able to fly to the moon.
Yet Tesla can do absolutely fucking nothing and then do a Nazi salute and shares go up 50%
When you say it like that, in this context… it seems, weird, right? Like something is off…
Almost like there are fish out there so much bigger than the world’s richest man in the headlines…
That tells you how insane the stock market is, if you needed any more proof that is.
They are trading at big growth multiples. So if the rate of growth slows then it gets repriced. Their assumption was double digit growth rate, which is one helluva bet.
Buyers are extremely edgy because they know we are teetering on the edge of a potential collapse.
Company I worked at a couple years back not only beat their projected earnings, but made record profits highest quarter ever. Stock prices dropped by a third
You should see NVIDIA stock after every earnings. They beat, by a lot. Stock goes down. Every fucking time. Stock market runs on vibes now.
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.
That’s why I always say that big shot, institutional investors are a bunch of cunts. They always think in short term. That’s why I am in favour of half year earnings report so that there is less pressure for companies to think in three months time.
Yep, this is why managing speculative investor expectations is as much a part of managing a modern publicly traded business as actually running the business.
They are making less off of AI overviews than traditional ads, but their AI buildout costs are increasing, which is ass backwards. I don’t know if it was in their report but they also supposedly don’t have a strategy for making their customers pay for AI use.
They are making less off of AI overviews than traditional ads, but their AI buildout costs are increasing
Not but, it’s and
Their ad revenue plummeted, because the AI summary costs money each search and also leads to fewer clicks (because people often take the AI answer), meaning Google ads, the core of their business, are not being seen on web sites
Also, they continue to invest crazy amounts in AI data centers (despite being significantly behind in LLM quality)
But that’s really just a piece of the puzzle, the simple answer is they are not only going all in on AI, they’re also destroying the one massive profit center that keeps all their other projects afloat
You love to see it
datacenter upkeep isnt cheap, if you have tons of those.
Mass manipulation. I wish I were smart enough and had enough to bribe the right people to be in on the looting.
