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Jack William Bell
@jackwilliambell@rustedneuron.com  ·  activity timestamp 5 days ago
Charlie Stross
@cstross@wandering.shop  ·  activity timestamp 5 days ago

WHOOPS: Softbank is cashing out of Nvidia! AI casino's closing, take your winnings *right now* ... or don't. Sucker. https://apnews.com/article/japan-softbank-son-nvidia-ai-chips-d8a10172850628c317a214280a4d94c9

Tuesday 11-11 #bubblewatch

Aaaaannd the #AI #bubble roller coaster is going back down.

> S&P 500, Nasdaq fall as AI valuation worries resurface. https://www.reuters.com/world/africa/us-futures-retreat-tech-concerns-resurface-federal-reopening-awaited-2025-11-11/

To answer yesterday's question? I'm going with, "Some investors were buying the dip." But I might change that to 'Extinction Burst' if we see daily peaks and valleys like this for another week.

In related news, SoftBank is making a weird move. Read the whole conversation here:

> https://wandering.shop/@cstross/115530746666246097

#economy

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