Investors aren’t getting fleeced. It’s been a great run. Why do you care how much they’re getting payed? Sounds like sour grapes, you’re crying like a biatch. Until AI can give BJ’s, you’ll still have work.
I hope speculators make money, anyone risking their own money deserves it. Just tired of the hype and BS these firms have been talking the last couple of years, saying ASI is just a few years away. When they know ASI is decades away at a minimum. They use this BS to suck up all investment capital that could go to other sectors. This Chinese firm has exposed the grift.
What's the bigger picture? A collapse of AI financing should send significant capital back to the wider market, no?
Watch what happened 2000. Recent money printing innovations will probably soften the blow but it won't be pretty. Add to this dire debt situation. Maybe Nasdaq halved is proper target?
A collapse is forecasted too often. I’d rather go with @VicBee’s view, money flow to the business sectors, probably most to the ones which can benefit from the cheaper ai
Thanks for the shout out but yea i missed this one. You beat me too it. Anyway this is some major major major major news that is literally tanking the entire tech sector tonight. Going to be an absolutely crazy opening as nvda is down hard right now in the 24 hrs trading scene. Nasdaq futures down nearly 500 points!!!!!!!!!
Nasdaq is completely overbought and has been for quite sometime. For how many years has it been the same 6 or 7 stocks pushing the markets higher! Without those handful of stocks the nasdaq is pretty much worthless. And yes if those stocks fall over 60% like they did in late 2022 the nasdaq could easily be back below 10k but I highly doubt they would allow this...remember after a day or 2 of selling they will scream its a buying opportunity!
I posted about stargate last week and the hype it was trying to create to keep wallstreet juiced. Its a fucking joke https://www.elitetrader.com/et/thre...targate-to-really-hype-it-to-extremes.382839/
And it's FOMC in 2 days. If it does continue to sell off, they will try and pump it back up later this week. Trump will be on the phone to Powell 'denanding' a rate cut.