No. of Recommendations: 1
I wonder how long daily losses of this magnitude would have to continue before margin calls create a self-fulfilling prophesy?Before long, the finance guys will need to factor in a slowdown of data center buildouts, and the impact on revenue. Then the guidance cuts start. I remember how Broadcom tried to hide it's guidance cut on the day after Thanksgiving, in 2000.
Of course, I could be wrong. The Naz and S&P index futures are up right now, as are some of the AI plays, in aftermarket trading.
But, just about a year ago, some of the AI big dogs started saying they wanted a government "backstop". The blowback just about burned Sam Altman's eyebrows off.
Nov. 6, 2025
OpenAI's Sam Altman backtracks on CFO's government 'backstop' talknbcnews.com - Openais sam altman backtracks cfos government backstop talkWhat is it, about tech stocks and November?
Oh, lookee.
Stock futures fall after Nasdaq correction; Japan’s Nikkei 225 enters bear market: Live updatescnbc.com - Stock market today live updatesSteve