• paper_moon@lemmy.world
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    1 day ago

    Every time these articles get posted, I check the stock price and hope its tanked, so that it hurts Elon. And yet its always higher than the last time. These reports seem to mean nothing.

    • jatone@lemmy.dbzer0.com
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      1 day ago

      you seem confused how stocks work. they’re not based on reality, but eventually reality catches up.

      • paper_moon@lemmy.world
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        1 day ago

        Ah, thats right, I should have been looking at “earnings” instead of sales, ala nvidia… Lol

    • ALLGLORYTOHYPNOTOAD@lemmy.world
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      1 day ago

      The stock market is fraudulent. It’s all hype to juice price till the lie can no longer be sustained. Then the players sell off and let the market tank so they can buy up assets on the cheap. Rinse repeat. The 2008 crash was exactly that. AI bubble is next.