The AI bubble got busted by INTC… what are crappy guidance by their CEO

Givememymoney : Should be. They are on a big hype

K1 Tree Bark Givememymoney: Yes, I can only trust NVDA and AMD

OceansWaveOP K1 Tree Bark: The problem is INTC pulled everyone down after earnings yesterday… when the bubble is peaked… just need an idiot to burst it and that idiot is INTC which is not within the Mag 7… let’s see today as I feel that INTC will bring the whole market red today…

102398820 : The CEO gave a bleak outlook. If necessary, it fell to this point; AMD rose even before issuing a financial report. Also, AI stocks have this method of falling.

70154696 : Since the market needs to ship, feel free to find a reason for the market to fall. Can S&P still rise today, with major stocks such as Tesla and Apple falling? Even ignoring the dovish and conservative outlook given by LRCX and ASML, the stock price is hard pushed up. Most notably, Snap once gave a dire outlook in 2022, the company fell by 30%, and the entire market fell by 1-2% the next day. In the event of a shift in sentiment, a pullback will occur as soon as there is a storm or two next week. After rising three months earlier, the price in 6-7 interest rate cuts and reports of Lito. Without revising the 20-30% of the 24 outlook, it is not very likely that the increase will continue.

OceansWaveOP 70154696: It’s about time for the market to get back to normal levels.. so far too overbought.. it maybe a good thing but those on longs or calls will hate it

SgDavidC : 我宁可相信猪会爬树，好过相信Intel的CEO.  INTC 开了多少次空票？延迟了多少计划？
I rather believe pig can climb tree than Intel CEO. How many delay in whatever projects have delayed?

Master Corgi : Just watch it fall later