alessandro@lemmy.ca to PC Gaming@lemmy.caEnglish · 2 days agoIntel crashes 29% in worst day since 1974, wipes $140Bworldbusinesswatch.comexternal-linkmessage-square98fedilinkarrow-up1598arrow-down16
arrow-up1592arrow-down1external-linkIntel crashes 29% in worst day since 1974, wipes $140Bworldbusinesswatch.comalessandro@lemmy.ca to PC Gaming@lemmy.caEnglish · 2 days agomessage-square98fedilink
minus-squarer00ty@kbin.lifelinkfedilinkarrow-up3·2 days agoThey’re already up in OOH trading. Not a guarantee they will go back up when US trading opens proper. But, it’s usually a good indication.
minus-squareElting@piefed.sociallinkfedilinkEnglisharrow-up15·2 days agoWhat’s the saying, that the market can ignore reality longer than you can remain solvent, or something to that effect.
minus-squarer00ty@kbin.lifelinkfedilinkarrow-up3·2 days agoWell it’s certainly rarely based on any logic I can ascertain, that’s for sure.
minus-squareElting@piefed.sociallinkfedilinkEnglisharrow-up5·2 days agoIt’s really just a gauge of how good the investors are feeling, a real market crash would involve way more than a sell off.
They’re already up in OOH trading. Not a guarantee they will go back up when US trading opens proper. But, it’s usually a good indication.
What’s the saying, that the market can ignore reality longer than you can remain solvent, or something to that effect.
Well it’s certainly rarely based on any logic I can ascertain, that’s for sure.
It’s really just a gauge of how good the investors are feeling, a real market crash would involve way more than a sell off.