I know the article is about google, but the bit about caterpillar is insane.
The bleeding even spread beyond the tech sector, as shares of the construction equipment giant Caterpillar — a key supplier of the machines required to build data centers — plunged 9.2% on Thursday. Caterpillar’s recent earnings report revealed that its revenue beat Wall Street expectations but by less than many traders had hoped.
So, their earnings beat expectations, but they didn’t beat the expectations for how much they’d beat expectations, so the share price went down.
What is even going on at this point?
Yet Tesla can do absolutely fucking nothing and then do a Nazi salute and shares go up 50%
When you say it like that, in this context… it seems, weird, right? Like something is off…
Almost like there are fish out there so much bigger than the world’s richest man in the headlines…
The stock market is just rich people’s feelings
You own land, and you decide to plant it full of one type of crop because the forecast promises you an excellent harvest. You don’t have money, so you get a deposit from people buying the crop, in return of a certain share of the harvest. But most people that did so actually believe the forecast was very conservative and the crop will end up even bigger, so they’ll expect more than you promised.
Then the forecast changes, and the harvest might end up smaller, and much smaller than the people expected. Some want their deposit back, but to do so they have to sell that share to someone else, but they buy it with the current forecast and demand, and pay way less for it.
People buying Caterpillar expected for a massive construction boom. Any kink to that forecast is going to cause some people to reconsider and pull their money to the next potential company able to fly to the moon.
This exact thing has been driving me crazy for like a decade now. Say a company makes $1 billion in profit one year, and the next year isn’t as good but they make $800 million. Still a very profitable company, but because it was less then the year before it’s considered horrible and the company is basically going out of business.
This also points out how the AI bubble is affecting the economy far beyond the tech sector.
Construction equipment used to be used for other things, not just building datacenters. But, since the start of the AI bubble, almost everything else has slowed down because they’re dedicating so much construction equipment and workers towards building datacenters.
https://futurism.com/future-society/data-center-spending-ai-bubble-construction
In just 1 year, construction work on DCs has gone up by 64.5%. And, that’s from 2025 to 2026. It’s not like it was at a standstill in 2025. Meanwhile, residential construction is down significantly. And, there has been a 25% cut in construction related to manufacturing.
So, their earnings beat expectations, but they didn’t beat the expectations for how much they’d beat expectations, so the share price went down.
That’s why I always say that big shot, institutional investors are a bunch of cunts. They always think in short term. That’s why I am in favour of half year earnings report so that there is less pressure for companies to think in three months time.
Mass manipulation. I wish I were smart enough and had enough to bribe the right people to be in on the looting.
Burn, baby, burn. 🔥
DISCO INFERNO!
Well struck, sir!
Gazoline is at a record high, but I will happily fund a Jerrican to feed this fire.
Begun the AI Crash has.
Don’t get our hopes up, Yoda
More ketamine, I must have. Crashed my Honda Civic, I did. Looking forward to withdrawals, I am not.
I asked chatgpt, it said this is fine.
I asked my penis, she said start using the bitch. I said I beat you daily and she starts talking about ass and pussy and it’s like I might be the second coming but I ain’t no miracle worker, aight? Fucking get off my dick already, you fucking dick, amirite?
deleted by creator
Not enough. I want them burning. I want their CEOs, the Epstein class, strapped to the walls and the people pissing on them.
anyone notice their search engine enshittify with dates? an advance search let you search between points in time, like between 2010 and 2012 specifically. you can’t do that anymore. other search parameters are gone. along with renaming lake ontario it’s the equivalent of history book burning.
they did away with that around the same time they removed it from YouTube. probably because they knew people weren’t going to read/watch AI generated bullshit.
jokes on them, I still found ways to search YouTube between dates.
Intel is down, AMD is down, SpaceX is going down slowly. Amazon dropped like a rock at the same time as Intel and AMD, but they seemed to have climbed out of the ditch somewhat, but as of yet still not up to where they were before 4pm CET yesterday.
Nvidia is also down, but not by much. In fact, a lot of America is down in stocks at the moment, while Europe is going up in stocks.
Every big financial crisis has a few pump and dumps along the road before the real sell-off starts, which is all in the hands of the actual elite.
Intel is down, AMD is down, SpaceX is going down slowly.
Off of stratospheric highs. They’re now merely overvalued, rather than extremely overvalued
Rookie numbers. I’d love to see this doubled.
That is a frankly absurd amount of money to lose in a single day and not go out of business!
Well they didn’t actually lose any money just that some shareholders sold it for less than they bought it for today.
Maybe not even that. The people who bought at the top might not be the ones who sold. The ones who sold might be long-term investors who are still in the black because of the stock’s huge growth in the last 5 years. Someone who bought the stock exactly a year ago is only down about 1.5%. Someone who bought 5 years ago has almost doubled their money.
All that has really happened is that the collective opinion of all Alphabet shareholders is that the company was overvalued by about 15% compared to what they thought it was a couple of days ago.
The degree to which share price discovery is fundamentally rooted in optimistic speculation, as opposed to any actual evidence… at some point talking about “value” becomes a little weird. “Overvalued by 15%” reads like a chemist doing a titration.
People were more interested in selling than buying yesterday.
I hate capitalism.
I bought a block of cheese for $10. Yesterday someone offered me $12 for it. Today someone offered me $8 for it. Where did the $4 go?
Buy The Dip
Oh no! Anyway
Shares of Google parent company Alphabet sank Thursday by 12.6%
Okay, unlike most drummed up bullshit articles that make big noise over minor fluctuations, this ain’t nothing.
Anyone know what happened?
There was an article out about how ai search is 5 time more expensive than standard search, not sure where I saw it, but the whole stock market is basically gambling anyway, unless you have some kind of insider knowledge
Edit: My bad, misread what the previous poster wrote. The explanation is still valid, though.
If you look at their historical price chart,
what you call a “minor fluctuation”this is one if not the largest price changes in both absolute and relative terms of at least the last 5 years.Also the trading volume was the largest since 2016.
Basically you’re looking at an elephant and calling it a mouse.It makes sense that a 12.6% stock price movement is a big thing for a company with that market cap and liquidity, since it has way less volatility that smaller companies because it takes way more money to move its price a mere 1%, plus the high liquidity means that the trading stack is far deeper and it’s way harder for there to be a crunch because you can always find people willing to buy if the price falls enough (or, on the other direction, willing to sell if the price rises enough).
This ain’t Joe’s Corner Shop Inc.
That said, the price is still above a year ago, though by a mere 0.83%, so whilst this is a big price movement, it’s far from having unwound the AI bubble stock price rise for Google - looking at its full historical price chart and roughly projecting the historical trend to present day, Alphabet stock price would have to fall around 50% more to return to historical trend and that’s assuming that without the AI bubble it would have continued to go up as before rather than reduce to the typical growth rates of mature companies.
I didn’t call it a minor fluctuation - I called it the opposite. By minor fluctuations I was referring to articles that say “Google lost X billions from its market cap”, then you look inside and you find a 1% move. 12% seems very significant, and thanks for your explanation of why that’s significant.
You’re right, I misread what you wrote.
Turns out we’re in full agreement!
good. price of evil
it’ll be back next week; they’re a blue chip and will probably start injecting ads into ai anyway
Pretty soon the stock market is just going to be GameStop, and the people who believed that stock was showcasing the fundamental cracks in the market. Wall Street has never cared as much about investors, as when it comes to warning people what a risky stock GME is…but that’s just because they’re Marianas Trench level underwater shorting that stock.
GME will be the last stock standing when it all comes undone.
Ad hominem attacks and FUD incoming in 3…2…1…











