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return2ozma@lemmy.world to Technology@lemmy.worldEnglish · 2 days ago

Intel heads for worst day on Wall Street in more than 50 years on weak guidance

www.cnbc.com

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Intel heads for worst day on Wall Street in more than 50 years on weak guidance

www.cnbc.com

return2ozma@lemmy.world to Technology@lemmy.worldEnglish · 2 days ago
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Intel stock has worst day since 1970s, wiping about $12 billion off government's stake
www.cnbc.com
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Investors are nervous about the massive AI spending from the tech giants and whether that will pay off.
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  • mHtt@lemmy.ca
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    23 hours ago

    US government just giving money to executives to burn.

    Oligarchy laid bare for all to see. Emperor has no clothes…

    • FlexibleToast@lemmy.world
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      21 hours ago

      Sounds like it’s a follow up to the CHIPS act which started under Biden. At least this is buying stock and not just handing them cash. The government is “buying the dip”.

  • Hubi@feddit.org
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    2 days ago

    • criticon@lemmy.ca
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      2 days ago

      How can I upvote multiple times?

  • Brkdncr@lemmy.world
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    2 days ago

    Oh no I’m only up 75% instead of 90% on Intel.

  • SeeMarkFly@lemmy.ml
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    2 days ago

    They “Peter Principled” themselves into some kind of “Dildo Principle”, still there but useless.

    https://en.wikipedia.org/wiki/Peter_principle

  • ATPA9@feddit.org
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    22 hours ago

    I clould sell my stock that I have, but i don’t know if its worth dealing with taxes as it is not that much

  • Nøkkelost@lemmy.world
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    2 days ago

    Ooooofff!

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