Bubble. AI bubble.
What fucking boom?
Futures are up though? I’m confused.
it’s all made up and the points don’t matter.
Stock prices are a bubble, but I think AL itself not a bubble. AI is really doing a good job at coding and has really caused millions of people to lose their jobs
A bunch of companies are panicking and rehiring people because the LLMs are worse, slower, and/or more expensive than people, though. Causing people to lose their jobs doesn’t require it to actually do the jobs better, it just requires CEOs to think that it can replace people, which turned out to be far easier.
Could you please list these companies and compare them by the number of employees laid off because of AI?
This has already reversed and been updated
Premarket TSLA is dropping fast, as is SpaceX.
Bad time to be a corrupt Nazi cunt.
This pleases me
This sort of idiotic bandwagoning unmoored from reality and sensibility is one of the big reasons I no longer treat the stock market with any seriousness. The market drops because… checks notes… the unsustainable bubble that is already starting to pop is probably going to get reined in, and tariffs are probably going to be repealed leading to increased international trade…? 😐
Musk is dropping, not the market. His bubble was based on political corruption. Why do you think he spent half a billion dollars, political ideology?
If you don’t want it to pop you have to let the air out slowly. If you don’t want to let the air out slowly what do you want exactly?
Keep inflating - line must go up exponentially. It has worked for the last months/years, so why change?
Any chance for big-business conservatives to scare the uneducated with the boogeymen of regulation and taxation on the wealthy (NBC is owned by Comcast, and is run by Michael Cavenaugh, a former banking and private-equity CEO).
The US market is expected to drop because the US market is massively overloaded with bubble tech stocks. DJIA and VGK (FTSE Europe ETF) are up in extended hours. Even VUG (Vanguard Morningstar Growth; US growth stocks ETF) is up.
The S&P 500 was up one year after all 11 midterms from 1982 through 2022, averaging a 13.7% gain. Returns were positive in 91% of cases across the 1980–2024 analysis of elections
Ah, I am glad this Blue Tsunami is going to make the parasites panic. But we need to make sure to capitalize on this victory. As it is useful if we make our new reps actually wield their power! If we can make the rich elite panic as a bonus action and keep them reeling, this will be the perfect time to separate a rich person from their money. Got to keep it cute, fresh, and fun!
How about seperating them from their heads & their money?
That is always the difficult part, motivating people to address the source of the problem. Violence might not be the best way to do it though, but. If the frustrations build up enough, that frustration will seek a route of that nature. If Rich people are not held accountable and forced to stay the fuck out of matters they should not be meddling in.
Yeah, my thinking is that violence (and the accompanying glee from the public) would have a deterrant effect on the other oligarchs for a generation or so.
Kinda like how, after seeing the reaction to Luigi’s vigilantism, Blue Cross very quickly walked back their plans to put time constraints on their coverage of anesthesia.
It’s not necessarily my favorite path, but history tells us that it is an effective one.
We’ll see if the oligarchs are too stupid to wait until January to crash the economy. Got to wait until the dems are seated before you blame it all on them!
they don’t need to. Most people are dumb enough to think it’s all dem’s fault for anything that happen since them winning the elections
