Economy stonks v26

[BIKES!]

@kahiljabroni Lights out for us buddy.. Seems unlikely Apple will miss, shorts are cooked. META missed and still mooned lulz. Could see short QQQ's under 30 soon.

Sitting this one out until next quarter me thinks.

EDIT: Dug into earnings. META missed by 20%. EPS 1.79 of 2.29. +18% pump after hours? Insanity.

Seriously like what the fucking fuck. If 10% holds tomorrow on META ...

Clown world

 

[HOLA]

Glad I picked up that AMZN in the low 80's. $112 now.

 

[tenniswhiz]

Anyone here got Rivian?
I finally saw a real Rivian truck on the road this morning for the first time ever and I think it was a sign of improvement. RIVN is up almost 10% today.

 

[HOLA]

Anyone here got Rivian?
I finally saw a real Rivian truck on the road this morning for the first time ever and I think it was a sign of improvement. RIVN is up almost 10% today.

You're not holding them to a very high standard here. Finally seeing 1 irl car doesn't mean much.

 

[boingyman]

Seriously like what the fucking fuck. If 10% holds tomorrow on META ...

Clown world

I just sold half of my META for a 105% gain. I wonder if I should just dump it all....

 

[boingyman]

Glad I picked up that AMZN in the low 80's. $112 now.

Same.

 

[HOLA]

Alright...I decided to make a rare attempt at a short-term (less than a year) trade here. Bought a small amount OXY at $62.75.

 

[44nutman]

Glad I picked up that AMZN in the low 80's. $112 now.

I picked them up under 90.

 

[44nutman]

After the last 2 days hopefully nobody listened to Burry.

 

[Gas121]

Cathie pumping stock this week was a sure sign things were heading south. But BTC to 1M. It's just insane what's going on out there with these statements.

 

[tenniswhiz]

You're not holding them to a very high standard here. Finally seeing 1 irl car doesn't mean much.

They had trouble meeting supply/production expectations.
There’s at least one truck out there. I will swear to that under oath. Things are definitely on the ups!

 

[BIKES!]

MULN is a cash printing machine

 

[HOLA]

Picked up more OXY at $61.4.

 

[44nutman]

MULN is a cash printing machine

I fucks with $MULN. If I go in and out of $MULN one more time I think I will bust a nut.
They have a hard core group of believers. Honestly still not sure if it’s a scam or not. They still have not produced a car/van yet, which is why I am not a long term holder.
Edit
I have been in and out of $PEV as well. Getting close to jumping back in.

 

[Chesten_Hesten]

 

[BJ@LW&WW]

chatgpt is getting a ton of hype, with some ai companies like AI, and SOUN blowing up right now because of it.

but im wondering if a msft play would be a decent bet. theyre going to augment bing searches with some chatgpt functionality. if some time in the future bing even makes a small dent into googles marketshare, that could be huge no

 

[brackis1]

damn I tried to short some pins after hrs @ 28 and missed by a cent or two and then it tanked to under 24 -_-
bought some because buyback news and made a quick 3%

 

[HOLA]

chatgpt is getting a ton of hype, with some ai companies like AI, and SOUN blowing up right now because of it.

but im wondering if a msft play would be a decent bet. theyre going to augment bing searches with some chatgpt functionality. if some time in the future bing even makes a small dent into googles marketshare, that could be huge no

Don't forget Google has also been spending a ton of R&D on AI:

Google is testing new artificial intelligence-powered chat products that are likely to influence a future public product launch. They include a new chatbot and a potential way to integrate it into a search engine.

The Alphabet company is working on a project under its cloud unit called “Atlas,” which is a “code red” effort to respond to ChatGPT, the large language chatbot that took the public by storm when it launched late last year.


Google is also testing a chatbot called “Apprentice Bard,” where employees can ask questions and receive detailed answers similar to ChatGPT. Another product unit has been testing a new search desktop design that could be used in a question-and-answer form.

Leaders have been asking more employees for feedback on the efforts in recent weeks. CNBC viewed internal documents and spoke with sources about the efforts currently underway.

The product tests come after a recent all-hands meeting where employees raised concerns about the company’s competitive edge in AI, given the sudden popularity of ChatGPT, which was launched by OpenAI, a San Francisco-based startup that’s backed by Microsoft.

Google’s AI chief, Jeff Dean, told employees at the time that the company has much more “reputational risk” in providing wrong information and thus is moving “more conservatively than a small startup.” However, he and CEO Sundar Pichai teased at the time that Google may launch similar products to the public some time this year. Google’s prime business is web search, and the company has long touted itself as a pioneer in AI.

https://www.cnbc.com/2023/01/31/goo...e-chatbot-apprentice-bard-with-employees.html

 

[HOLA]

Bed Bath & Beyond (NASDAQ:BBBY) ripped a 92% gain Monday even with the retailer indicating recently that it has missed payments to debtholders and could file for bankruptcy at some point.

Bloomberg has also reported that former employees have not been paid severance payments owed to them.

 

[Gas121]

damn I tried to short some pins after hrs @ 28 and missed by a cent or two and then it tanked to under 24 -_-
bought some because buyback news and made a quick 3%

$SNAP has ironically pumped since its bad earnings report +25%. It's a dying company really. I suspect it pumped based on the TikTok news. Looks a good short, but in this market it'll probably pump. Temping though if it continues mooning.