FinDoom 2025 Thread - stock up on ramen, boyos

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welp
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Hah, jokes on you I'm stocking up on cheddar yakisoba. That's the good shit mah nigga
 
Small update.... after a string of AI-bubble articles have come out from analysts noting that some of the most successful MLAI projects done so far all require huge amounts of CapEx on datacenter and energy costs, virtually negating a lot of the savings made by firing people... we are back on to the NVidia pump-and-dump bandwagon:

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Another problem that is going to be a source of sad news for cloud providers are formula-finders. This is where a ML project unearths something new to learn about a large dataset, which then can be reduced into a formula. At that point it's no-longer worth while to ship and store an asstorrent of data to the cloud provider anymore, because the golden nugget has been found, and the customer can go back to cheaper on-prem and throwing noise data away, now that they found the nugget.
 
aaaand the pump with NDVA didn't even last a day.

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5 years ago The Hershey Company moved the last of its chocolate-making to Mexico. That's not saving them. Sales have crashed as stock is piling up in stores.


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The overall story is that people have put too much shit on their credit cards, the banks have responded by capping credit card limits, chasing the tops of high balances. That has left a lot of people with no more room on their credit cards. And that is happening because defaults have zoomed upwards since the start of last year.

People cannot sell their home because they can't get a better mortgage rate or a better price, so they're not unlocking the value of the higher home price they would have fetched lest they become renters. Only people who have no choice to sell, are selling.

Oil also gave up all the gains it got from Israel drone striking muzzie leaders.
 
Catboy Ranch said:
Small update.... after a string of AI-bubble articles have come out from analysts noting that some of the most successful MLAI projects done so far all require huge amounts of CapEx on datacenter and energy costs,
Click to expand...
I am shocked that only now are we seeing serious talk about the sheer energy concerns of AI farms. Even a single high-end GPU gives off a hell of a lot of heat and sucks up a lot of power just to play a video game. Now imagine thousands of those, running around the clock at max load so that Dingus Bumblefuck can type in "rly rly RLLLLLLLLLLY big b00bz0rz" into his favorite generator.

Yeah, AI's bullshit, and I'm glad the tide's finally turning. Fuck 'em.

Catboy Ranch said:
5 years ago The Hershey Company moved the last of its chocolate-making to Mexico. That's not saving them. Sales have crashed as stock is piling up in stores.
Click to expand...
Also, this happened last year:
The Hershey Company’s latest International Women’s Day campaign has received backlash for featuring a transwomen on its SHE chocolate bars. However, Hershey has decided to stand by its collaboration, according to media reports. There is currently #BoycottHersheys going on Twitter, and there are mixed responses to the campaign such as “we want chocolate, not leftist propaganda” and “you don’t understand that #TransWomenAreWomen”.

Hershey released an ad that featured queer and feminist activist, Fae Johnstone, in its campaign along with five Canadian women who were featured on the exclusive chocolate bars, including Johnstone, quoted on Bloomberg. The other women in the ad worked on matters surrounding gender equality, indigenous rights and climate change. A quick check by MARKETING-INTERACTIVE, Johnstone’s account has been set to private and her Tweets cannot be accessed.

On Twitter, some users said Johnstone had a "smug look” and others commented on the day being for women. But jumping in to defend, some Twitter users thought that women are being represented fairly and said #TransWomenAreWomen.
tl;dr: Trannies present in International Women's Day marketing because major corporations think Twitter speaks for the whole world.

So now, here in the latter half of 2024, Hershey's can't move stock of their Mexican-made chocolates after telling everyone to fuck off if they don't like creepy rapey men in drag invading women's spaces. I am truly shocked.
 
I hope nobody had their retirement savings in Intel.

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Japanese stocks went into a hard freefall, now that it's obvious that U.S. consumers are tapped out and there's no job growth to make up for the layoffs.
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This is pretty serious.

Japan dropped nearly 10 percent last week and they have just lost another 10% in a day. 5 more percent and this qualifies as an actual stock market crash.

I pulled out of most everything except some private stuff a month before I created this thread.

The Japanese news is saying this is all feeding off the US rates not going down and credit is deteriorating, so theyre moving to cash.

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Never give up the hustle! Never despair! Always keep fighting! The grindstone is eternal!
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Europe just opened down a bit rough but it's not going to move much until New York wakes up and they see where the big money moves to.

DFUT I think hit limit down for a little bit. It's down 600 now and usually never changes much on a Monday open unless some war kicks off or a big bank collapse is being cleaned up.


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It was 1000 down at open. In 2007 when the drop was at that amount it put the DJIA back to a 4 digit number and the whole country stopped to watch the horror.

900 down is not a death plunge but it's not great.

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