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Tech stocks suffer worst week since April after $800bn AI sell-off (www.ft.com)

submitted 11 hours ago by cm0002@europe.pub to c/usa@midwest.social

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[–] theoneandonlyeggboi@lemmings.world 11 points 8 hours ago (1 children)

Good.

[–] The_Che_Banana@beehaw.org 7 points 8 hours ago

A good start, you mean...

[–] lurch@sh.itjust.works 1 points 8 hours ago

I was watching some of those, but they're still too expensive IMO. If they go down, you lose way too much nominal value. When you buy a $10 share, all you can lose is $10. That's like a lottery ticket. But when you start at $150 it can really sting.

[–] 1984@lemmy.today 1 points 3 hours ago* (last edited 3 hours ago)

Next week will be interesting. Normally the fear is replaced by greed pretty fast but it can be delayed by more scary headlines.

I saw on Friday how Nvidia was down to 180 (from 210 five days earlier), but the selling seemed to stop there and it went back up to 188.