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stocks tied to the buildout of AI data centers
Slowing down data center construction might be bad for the companies making hardware for them, but it's probably good for the AI companies that are throwing money into data centers with no real plan for making their money back.
Sorry, just put excess savings in an all world yesterday so it had to happen. Rules are rules.
Time to buy, but buy companies that aren't all-in on AI.
As soon as you see the billionaires cashing out of the casino ... it's already too late
And of course it will all be Biden's fault according to the Whitehouse.
I know broad market is down, but it makes me happy my portfolio was basically unaffected.
I was asked by my bank to invest in a data centre “infrastructure fund” and said no.
Why would I invest in hardware at all time high prices?
Where’s all the iT’s NoT aBuBbLe people now??
I thought there was pretty much consensus here that AI is a bubble.
IT as whole IDK, but most definitely AI.
Overall that’s definitely the sentiment here, but there were some roaming contrarians/AI huffers who were insistent it’s not a bubble because ‘inference is getting cheaper’/‘companies losing money at first is normal’/everything except the obvious.
Probably preparing to push the markets right back up tomorrow
Really? 3%? Why is this news.
Its news, but its not 2008-financial-crisis or Black Monday (22.6% drop in a single day) scale news.
Whats reading even more strange to me is that the 3% drop indicates a sell-off of stocks. The idea is that the money disappearing from the stock market goes somewhere, but all of the normal places it goes are also dropping.
- Gold up only 1% since two days ago
- Short term (4 week) US Treasuries are down by about 10 basis points since last week.
- Real Estate sales are down
- Private Equity withdraws are still hitting their max ceilings
Is this a selloff to pay off debt perhaps?
How familiar are you with the stock market? Because that’s 3x what it moves in a normal day and represents billions in losses.
If this had happened over three days instead of one then it wouldn't be news?
The NASDAQ drop today is equivalent to a 1 day ~12 or 13% drop just 3 years ago......
It's a big drop. No comment on what it means, bit it's absolutely a big drop.
It's "suicide hotlines being posted on WSB" bad, that's my usual indicator for newsworthy stock crashes.
You make most of your money during a bear market, it just takes time to realize it.

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