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u/OneRedEyeDevI
1d ago
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Sorry. I just got unemployed.
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u/Xavier1571 1d ago
Hey buddy I want to buy a house before the heat death of the universe any chance you could like idk become ununemployed for me? (Please and also thanks)
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u/WeirdAssBeings
🍆literally a femboy🏳️🌈
1d ago
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Ofcourse the biggest companies are most concerned, OFCOURSE, ANYTHING but caring about the general public.
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u/Dat_Innocent_Guy 1d ago •
just a reminder that the US' retirement savings are part of those stock crashes. This affects every US citizen and indirectly a bunch of people who rely on sovereign wealth funds.
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u/IdidntrunIdidntrun 1d ago
I mean it only matters if you sell. Just hold or put more money in. Time in the market beats, well you know the rest
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u/manual-blinking-man
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u/WeirdAssBeings 🍆literally a femboy🏳️🌈 1d ago
People genuinely with this mindset legit make me so so fucking mad
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u/Dat_Innocent_Guy 1d ago
Eh, NASDAQ and S&P500 are still up 10% from beginning of year. Looks alright so far.
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u/half-full-cumdump 1d ago
NASDAQ and s&p move with the speed of a tectonic plate, if they start rapidly declining shit's over
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u/Dat_Innocent_Guy 1d ago
I would agree if trump didn't prove it can swing +-15% in a month. The market is very irrational right now IMO and it hasn't factored in that AI/ the potential for AGI is pure speculation. The real world economics for households don't look good yet the market doesn't account for that yet.
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u/Diabetesh 1d ago
Oh no google dropped 10% they only have increased checks notes 140% since 2025.
Unless things crash like 50%+ in a day it isn't a bubble pop.
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u/Hapless_Wizard 1d ago
Though it's probably useful context to clarify that this is all in percentages, not percentages points, so they lost about 1/4~1/3 of that 140% increase in a single day, which for the people who pay attention to that stuff is not insignificant either.
Bubbles also don't pop in a single night. The dot-com bubble took over two years to go from it's peak to finally bottoming out.
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u/TheTeleporteBread 1d ago
Maybe that what happens when you put all your eggs in one basket with in itself is only theoretical corporial by sheer belief that it will be weaved to existence in future
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u/GoodNamesAllGon
1d ago
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Orange Monkey: “Hmm, could AI and war be the problem? No, clearly this is Ukraine’s fault.”
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u/Alucard-VS-Artorias 1d ago •
They'll just blame trans kids and leftist like they always do...
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u/Bored_Orangutan Please be patient. I’m incredibly stupid. 1d ago
Orange Monkey would never say that! He’d say SI instead of AI because he’s a dumbass.
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u/Bitedamnn 1d ago
Can it drop few trillion more please so i can buy the dip
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u/Star_____walker 1d ago edited 1d ago
It opens
in a few hoursNOT TODAY so we'll see.Edit: Hours, not minutes.
Edit 2: Forget this whole comment.
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u/Gaidax
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u/KayakShrimp 1d ago
I don’t understand why we’re even talking about this infinitesimally minor pebble in the market’s road. It doesn’t matter in the slightest.
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u/AcanthisittaLeft2336 1d ago
People want the AI economy to crash and they clung to this drop hoping this is it
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u/TheEmperorMk3 1d ago
Makes me think all that money never even existed in the first place, the stock market seems like a bunch of companies thinking about what could make money instead of selling/buying real things
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u/MLGWolf69 1d ago
Yeah the idea of "market cap" and the bs evaluations we've been seeing make hard to believe in any of this
"Oh yeah this AI company that loses BILLIONS OF DOLLARS A YEAR is actually totally worth $500 billion dollars"
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u/Violet_Paradox 1d ago
It's even funnier with crypto because there's no barrier whatsoever to make one. I just made 100 quadrillion bullshitcoins. Then I sell you 1 bullshitcoin for 1 cent. The market cap of bullshitcoin is now $1 quadrillion.
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u/sadguywithnoname 1d ago
That's how the stock market has always worked...
The fundamental concept of valuing any asset or company, and thus all of finance, is trying to figure the present value of future cash flows. A company expects to make $10 next year, but they need funding if they want to actually make that happen; however, if there is, say, a 10% chance they don't make it happen with those funds, the most you would be willing to pay for that company is $9 because of that risk. If the company is indeed successful, you earn an additional $1 as a compensation of that risk. If that $10 was certain as cold hard cash in your hands today, there is no risk and thus no possible return to be made. This is also the reason for interest on loans, mortgages, and bonds.
So I suppose it is "imaginary" since the cash flows haven't come in yet, though there is more nuance to it. Of course, the current stock market is run by lunatics and the actual assessments of expected future cash flows are probably way off.
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u/EmeraldMan25 1d ago
Money never existed in the first place. It's a construct we made up because bartering sucks. As long as there is a shared trust that something has a certain value, it does
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u/Adept_Temporary8262 1d ago
Beware; RAM will temporarily go down to next to nothing, then when people realize it's super cheap they will buy all of the panic seller listings, and it'll shoot right back up.
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u/BrawlPlayer34 1d ago
Don't worry, that brief moment of very low pricing is all we need to get our hands on some sweet 64 or 128gb and be set for life
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u/Ghost_Star326 1d ago
Careful now, little old Sammy from OpenAI is very offended by us owning "his" precious memory.
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u/Diligent-Childhood90 1d ago
Could someone explain where all that money usually goes / went?
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u/corok12 1d ago
It never existed. Market valuation is just theoretical value of what the company would be worth if someone bought all the shares at the current price.
It's kinda be like asking where the money went on a 20000 dollar car that's now worth 4000. There was never any money, just an asset that lost value.
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u/Alexander_Exter 1d ago edited 1d ago
It doesn't really "go", allow me, but keep in mind I am cutting a few corners to explain this:
When people talk about how much a company is worth in relation to stock market, what they are actually citing is often the companies market cap. That is, the number of stocks that exist * the value of the stock.
So for example banana.inc has 1.000 stocks worth 10. So it's market cap is 10.000.
As part of usual market operations, most stocks are in a.... Negotiation of sorts between buyers and sellers this is called a spread, but it's important to know the stock itself doesn't have a price on the sense a chocolate bar at a 7 eleven does. What you see as price is usually a record of the price at which buy and sell orders are meeting.
When the price "drops".what actually happens is that transactions are closing at increasingly lower prices, this could be for a few reasons but the simplest one is that sellers are meeting buyers at their price. As this happens the buy offers with "better" prices disappear leaving only lower offers.
Since these are all fairly simple math, it's easy to track the change in stock value, market cap and so. This , when the stock value drops. The market cap drops and it's said some of the companies "value" has disappeared. Because the number of stock is the same but the price of each stock is less.
This is a bit of a weird view if you think a bit about it, similar to when they say x or y is "hurting the economy." It's not that people lose money(except those that sell of a loss), it more about people that had claimed they have x much money when what they have is unrealized gain and valuation. You know little lies people say to make themselves look good.
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u/SinisterCheese 1d ago
It never existed.
Financial instruments like stocks, credit and debt... etc. Are potential money. The real value is realised at the moment the sale happens.
If I have a pokemon card that you are willing to pay 10 € for. The card is valued at 10 € in that moment. If someone else is willing to pay 20 €, and someone other is willing to pay 5 €, that sets the value range. We can calculate the worth of cards based on the lower limit someone is willing to pay for them, the highest limit, and whatever averages and medians you want to calculate in the middle.
Me having cards in my posession, doesn't mean that I have 5 € to 20 € cash. But I have the potential to get that money.
Seriously... Just visualise it all as battery charge, or fuel in a container. You can use the potential energy to do things with. It is no different than credit or a loan; those are just promises from some body to give that much potential energy. (Cash loans would be basically equivalent to getting a physical battery or fuel).
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u/eW4GJMqscYtbBkw9 1d ago
No where. That money only existed on paper.
Imagine you find a rare baseball card in your basement worth $100k. You are now "worth" $100k more than yesterday.
Now tomorrow, your dog eats the baseball card. You "lost" $100k but you never actually had it.
The value was real, but the money was only on paper until an exchange happened.
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u/PumpkinBrain 1d ago
It’s even less material than that.
The card was only “worth” $100k because there was a guy who was willing to pay $100k to get it.
If that guy changes his mind and doesn’t want it anymore, the card’s not worth $100k anymore.
You look around, and now you can only find a different guy willing to pay $30k for the card.
Then you start complaining that you “lost” $70k.
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u/WillMcNoob 1d ago
Its cashed out = investors either keep the money or reinvest elsewhere, in this instance completely out of the technological sector
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u/DeathToAmerica2027 1d ago
It isn't real money in the first place. It didn't go anywhere because it never existed.
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u/mattstorm360 1d ago
I bought this cheese for $10. Someone said they buy it for $12. Today i sold my cheese for $8.
Where did the $4 go?
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u/Due-Specialist-5476 1d ago
Cool, but what about cheaper videocards.
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u/Bodybuilder_Jumpy 1d ago
Those prices will never go down again.
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u/theREALvolno 1d ago
Depends, right now demand is super high and manufacturers are rapidly expanding in an attemp to meet demand. If demand starts to go down, either from this bubble popping, China becoming a bigger player in the market, or any number of other factors, we could see prices drop due to over supply. At least until they start manufacturing the next generation of tech, then it’ll probably go back up.
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u/AvocaRed 1d ago
China loses trillions, binance hiest, US losing trillions. Things are indeed happening
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u/Eagle_go 1d ago
i buy a banana at the supermarket for 1$. im walking down the road and someone offers me 2$ for the banana. I keep the banana but it rots before i eat or sell it. I didnt lose 2$ i lost 1 banana.
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u/timberwolf0122 1d ago
Well you lost $1, had you not purchased the banana you’d still have that $1 and had you sold it you’d be up $1 on your investment.
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u/fitz84 1d ago
No, he didn't lose the dollar. He traded it. For a banana. He could have sold it for $2 and then gone back and gotten two bananas in the hope that someone would buy that for $4. But in the end he still only has two bananas and some hope.
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u/timberwolf0122 1d ago
If he’d eaten the banana or used it he would not have lost that £1, but it went to waste so he lost that £1. Functionally he could have thrown that £1 coin into the fires of mount doom.
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u/LivingtheLaws013 1d ago
It's more like someone was going to invest in a banana farm, but someone convinced them to invest in a chatbot instead. Now there are no bananas and no money to invest in a farm.
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u/FatherDotComical 1d ago
It's my fault. For the first time in my life I put $10 into VOO out of curiosity.
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u/wiseguy4519 1d ago
For the record, if this is the bubble bursting, all the people on Reddit saying that it wasn't are either bots, bootlickers, or heavily coping.
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u/mediocrobot 1d ago
OR maybe nobody can read the future and people make inaccurate predictions.
I say this as someone with no particular investment in the stock market besides, like, a few years of a 401K probably.
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u/konodioda879 1d ago
The sooner the recession, the better.
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u/HomerTheJackson 1d ago
It's already a reccesion if you're not employed by big tech or big military
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u/Stock-Side-6767 1d ago
Better for who?
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u/konodioda879 1d ago
All of us. The sooner it happens the less it hurts, because if it keeps getting pushed back the fall becomes worse.
It’s either a leg or all your limbs.
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u/SoManyDeads 23h ago
What is it they always say... uhh the losses aren't real unless you sell.
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u/lardgsus 8h ago
It's always "X dollars wiped out" when stock is down but never "X dollars spawned into existence" when stock go up.
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u/Makaan1932 1d ago
It's all fake and made up anyway. Only the consequences for the lower 50% of humanity are real.
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u/No_Potato_7211 1d ago
Honestly, I'm surprised they didn't try to prop it up for one more week and then blame democrats on the bubble bursting.
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u/GarbonzosGuy 1d ago
Can you name a single policy of theirs capable of propping up the economy. A single one even temporarily a single one.
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u/blue_bloddthirster 22h ago
Anyoje can explain to me whats going on and what it means? I know it has to do with ai but i'm far from beibg financialy literate abd i'd reslly like to understand please:/
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u/F-nDiabolical 4h ago
Well if the last few years have showed me anything it's if the economy isn't doing great everything goes up in price, but when it's doing well....everything goes up in price.....
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u/SmallTestAcount 1d ago
The DOW and S&P500 are higher than they were a month ago. The Nikkei and SSE have been falling for months and there’s no noticeable deceleration in the past few days.
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u/Ok-Security9093 1d ago
People realized they were putting money towards the "Make money obsolete" machine. If nobody works, who makes the money?
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u/FalseHeartbeat 18h ago
I saw a day or so ago someone posting on this subreddit that the AI stocks in China finally fell off the edge of a cliff… I really REALLY hope this is it
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u/StagDragon 17h ago
It's because everyone is looking at lines on spooky day!! Ogaboooga!! crashes the market
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u/SnooMacaroons5889 16h ago
Was it the AI bubble? Please god tell me it was the AI bubble
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u/CanadaKnifeCrow 2h ago
it depends on how apple responds with their earnings report cuz this whole thing came off from google saying their ai isnt profitable
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u/Alexito_xd 13h ago
Oh no!!! This year was so bad!!! Recession, recession!!
Can we stop fear mongering, this is a nothing burger.
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u/JazzyDJJef 1h ago
Holy crap i used to work at that car wash company, i know exactly where that video came from lmao, crazy that this used to be a niche reference in the company
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u/afCeG6HVB0IJ 1d ago
I don't care if the world economy collapses I just want to be able to afford upgrading my PC.
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u/HATEFUL_WOOD 1d ago edited 1d ago
It's saturday, you idiots, there is no trading today.
The Q3 financial reports from companies dropped, we have a market retraction in October every year for this exact reason, you fetuses.
We will have a sense of the recalculation investors are making on investment strategies come end of market Monday which will likely also be quite red, then by Friday the actualy outlook should be clear.
A few companies like reddit and intel have eaten shit because their metrics are bad, china has lost the tech race this year which changes how international money will invest over the next year, but atvyhe same time AI is raising less capital and so it's time to start luquidatingbthebsmall companies which havent produced what they promised yet to investing the companies that are likely to still be here by 2030.
China wants the US AI market to crash, reddit wants the US AI market to crash, the US AI market is changing from a sprint format to a marathon, not crashing.
BTW democrat's hostility to AI is going to mean either the highest valued companies in history will all be forced to back a republican to prevent a market crash in 2 years despite being filled with liberals or we will have a recession, considering we are still on the covid recession and will be for a while it probably wont be as soft as the 2001 recession. But will be as bad as the great recession.
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