Eyup. Quarterly reports, and the investors not being happy about it.
A lot of the big corpos have reported something called “negative income” yet doubling down even harder on “we gotta spend more on AI now. MOAR!!!” and nobody liked that.
A comment on Yahoo Finance from some dude called Lerner:
“The story is no longer simply about the strength of AI demand. Wall Street is increasingly demanding evidence that heavy investment will translate into durable profits and cash flow,”
Intel lost 30%.
Holy shit. What even happened yesterday that so many companies’ stock is crashing? Quarterly reports?
Eyup. Quarterly reports, and the investors not being happy about it.
A lot of the big corpos have reported something called “negative income” yet doubling down even harder on “we gotta spend more on AI now. MOAR!!!” and nobody liked that.
A comment on Yahoo Finance from some dude called Lerner:
“The story is no longer simply about the strength of AI demand. Wall Street is increasingly demanding evidence that heavy investment will translate into durable profits and cash flow,”
Oh i just peed a little