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  • Hacker News
  • "South Korea’s benchmark closed 10% down on Tuesday after the country’s largest chipmakers, SK Hynix and Samsung Electronics, both closed over 12% lower. Japan’s Nikkei 225 was down 3.5% at the close of trading."

    This is huge, isn't it? The conservative investors probably put their money into hardware companies, not directly into AI ones. So any scare of bubble-bursting affects memory manufacturing stock first and foremost? Meanwhile the AI stock itself continues to be held by the believers and Musk fanboys alike?

    by cromka
  • Hunix and Samsung are up 400% at least in a year what are you talking about ? Also what bubble?
    by arisAlexis
  • Then it bounces back.
    by andrewstuart
  • or not
    by cicko
  • Prices go up then they go down
    by killingtime74
  • Sometime up, sometime down. Long term up. Short term wiggle dance.
    by nojvek
  • Why is the fear wondering if stocks going up immensely and then a little down important for HN? Since when are we talking stock prices here ?
    by arisAlexis
  • Because there is no more tech industry. Only gambling.
    by pona-a
  • Lately HN has been just a mirror of the anthropic blog page. Any crap they publish appears instantly in HN
    by gonzalohm
  • As always, zoom out.
    by nly
  • Tbh I am unable to find any proving stocks' charts. Anthropic stays flat, openAi lost a little bit, etc. When I read 'sell-off' and 'shakes' I was imagining it differently
    by p0w3n3d
  • Where did you find information about Anthropic and OpenAI?
    by tchalla
  • Sometimes someone wants to 'create' the news, not 'report' the news.
    by PeterStuer
  • Neither of the companies you mentioned are listed.
    by andersmurphy
  • What even is a point on looking on stock charts which are detached from fundamentals of companies? Just casino. Usually numbers go up, sometimes they go down.

    It has no effect on your life.

    It has no effect on companies either. When your market share value is 10USD or 1000USD does not change if you are profitable or not.

    by general1465
  • >It has no effect on your life.

    Public Pensions, private company pensions and the investments of public organisations and academic institutions are all tied up in these investments.

    If they get it wrong, the impact on people is enormous.

    In todays financial news, the pension fund of a telecoms firm lost £300m in an investment in a utility company. https://archive.ph/CmA59

    by khurs
  • People often compare this to the dot-com bubble but today's leaders are generating very big cash flows => a valuation reset and a business collapse are two very different things
    by latentframe
  • Elaborate. Are banks not repackaging and reselling debt tied to those valuations? I see that as a collapse risk
    by camillomiller
  • > but today's leaders are generating very big cash flows => a valuation reset and a business collapse are two very different things

    All the new entrants have no existing revenue base like Google and Meta do, and these new companies are heavily funded by investors.

    Any self respecting current AI company appears to be worth north of $1bn from day 0... based on investment valuation.

    As long as the investors get THEIR money back, they won't care about a collapse.

    by khurs
  • All these media people who write about markets need to adjust their perspectives on what a sell-off means. A 2% reduction for a market cap of 80 trillion dollars still leaves about 78 trillion dollars in the market. The way the market behaves when there's 78 trillion dollars would be very different from how it would if there were 20 trillion dollars. With volumes of these kind, the instrument becomes a currency in itself causing a sort of runaway effect that will keep it going. When everyone's money is in the market, would the market ever fall?
    by potamic
  • >All these media people who write about markets need to adjust their perspectives on what a sell-off means...

    err... they already know. It's click bait stories to get readership.

    by khurs
  • The money isn’t in the market, when you buy shares the money goes to the seller.
    by tonyedgecombe
  • > When everyone's money is in the market, would the market ever fall?

    Yes? We had an entire great depression that tanked the global economy for a decade, and smaller dips since.

    I regret to inform that the line does not, in fact, always go up. It does go down sometimes regardless of how much money is put into it.

    by vitally3643
  • > When everyone's money is in the market, would the market ever fall?

    Price discovery is at the margins: it's determined by (active) buyers and sellers.

    If you're a (passive-ish) buy-and-hold kind of person you're generally not involved in the process (except on your (bi-)monthly purchase off your paycheque in for your retirement account).

    So the active folks can cause prices to go down.

    by throw0101d