how did a private company have such a negative impact on the markets today?
because noone is retarded enough to buy shares of these AI scam companiesand yet the entire financial system is build on them
>>62766494>borrow 700 billion dollars on zero collateral to buy out the entire stock of hardware so critically important that defense of its production facilities is a major geopolitical concern>monopolize and weaponize compute to hack and disrupt not just competitors but completely unrelated industries without any regard for the law while bribing politicians under the table>enter into a masturbatory relationship with chip producers and infrastructure providers rehypothecating the same quantity of money back and forth while racking up enormous debts that cannot be paid back, again without any oversight or consequences>still make less money than you spend
They're a major customer of the world's biggest company (NVIDIA). By them undershooting it directly says they will buy less from several large public companies that directly support their business. It's like asking why a cereal company is going down because private consumers aren't buying their cereal? Do you really not understand the market is interlinked or do you think it's all independent funny money that doesn't touch?
>>62766555Does yhat mean bargains on graphics cards soon?
>>62766555This sounds about right
