• ieightpi@lemmy.world
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    9 days ago

    Not surprising. Investors know that Dems will plan to regulate these greedy fucks

    • Paddzr@lemmy.world
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      9 days ago

      Historically soeaking… they never do much. I hope they prove us wrong!

      • hoshikarakitaridia@lemmy.world
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        9 days ago

        I know this is memeable but this time it’s different.

        The amount of seats gained by the Democrats, the issues that decided the vote, the type of candidates that won and the way the Dems have been struck down last election for not doing enough, I’m pretty sure we are essentially forcing their hand this time.

  • iamthetot@piefed.ca
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    9 days ago

    Sandisk (SNDK) is down 42% past 6 months, however year over year they’re still up 272%, and past 5 years they are up 2,200%. So, like, to give it some perspective, they have plenty far to fall still.

    • BillyTheKid2@lemmy.ca
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      9 days ago

      Dow is more industrial and NASDAQ is more tech. Investors are fleeing tech for industrial, and I pray GPUs get cheaper.

          • Midnitte@beehaw.org
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            7 days ago

            I mean…

            Its incredibly hard to scale up lithography so… unless AI spectacularly falls apart and doesn’t bring all of the rest of the economy and our jobs with it, I wouldnt expect a small correction to really gleam any sort of price fall in the short term.

            • BillyTheKid2@lemmy.ca
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              5 days ago

              Still sounds optimistic to me. I also don’t think that level of reduction is useful, but I’m pretty pedantic.

  • mHtt@lemmy.ca
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    9 days ago

    its like when the seal is broken after u have been sniffing ur farts in bed all night.