/u/The_Everything_B_Mod's posts in /r/the_everything_bubble
Snap shares tumble 22% after a 'mixed' set of results, guidance miss (Holy fuck down 26% in one fucking day? Elevator, here we go, I guess? Again time will tell for sure.)
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Trump Used to Self-Identify as ‘Swedish’ Because He Thought It Helped His Businesses: ‘Donald doesn’t know the difference between ancestry and race’
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Not long after Trump’s comments at the NABJ conference, the racism has been doubled down. (Jesus man. SMH.)
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Carvana Earnings Surge As Used-Car Sales Accelerate, Key Metrics Improve (People are always looking at AI, however this sorry used car company has gone up 36 X in 1.5 yrs from the low. Pretty insane. This company mainly has debt and made a "profit" for the first time. PE is too high for used cars.)
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Wall Street will support heavy AI spending as long as everything else is going great (Sorry dudes, it's not going well. No one is making a real profit off of AI, only losing money, it hallucinates and it is illegal. Bubble is finally popping.)
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