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protist ,

Even after this correction, the NASDAQ is still up 16% year over year, and the DJIA is up over 9%, just to put things in perspective that the sky is not falling.

AshMan85 ,

Yeah but almost every major is pro trump and pro fascism

protist ,

Yeah I’m not sad about Google, Meta, or Nvidia each losing tens of billions in valuation, just making sure the “It’s 2008 all over again!!” crowd knows it’s not that.

nobleshift ,
@nobleshift@lemmy.world avatar

" Potential over investment in AI". No shit, ya don’t say?

cybervseas ,

If this is correction for AI hype, then good. Do more.

MediaBiasFactChecker Bot ,

CNBC - News Source Context (Click to view Full Report)Information for CNBC:
> MBFC: Left-Center - Credibility: High - Factual Reporting: Mostly Factual - United States of America
> Wikipedia about this source

Search topics on Ground.Newshttps://www.cnbc.com/2024/08/05/1-trillion-wipeout-market-rout-punishes-mega-cap-tech.html

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