Sebastien Page, T. Rowe Price co-head of global investments and CIO, says there are still buying opportunities in the market and there was no real trigger for this wide selloff. Page says it’s a good time to invest in hyperscalers and semiconductors.
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Lol.. such propaganda. Can't trust anything coming out of these legacy outlet, pretty much manipulated.
You are a moron if you can't figure out what the trigger was….. Another lying democrat covering for democrats.
Page is a bozo. Positioning and sentiment is BS. It was a puke caused by certain funds that were levered and had to liquidated.
I think the compute demand estimates are way too high and the slowdown will continue.
No Big Trigger? The Democrats went full "BAN AI" and tanked the markets. Do you just want to cover that up or something?
idiot
Agents: the new way for tech to get money out of imbeciles.
I guess socialism is quite a trigger….mainstream media in denial as usual
Actually there is a huge Trigger. The democrats at all levels of government across the country are going to do everything to tax, regulate and block AI development
When I looked at my portfolio yesterday my first thought was that Iran had nuked NYC
It's cute to watch someone who doesn't know pretend. Trust me just keep buying, my yatch needs some work.
Sebastien is simply pumping and dumping. He wants retail buyers to pay him as he dumps and they get caught. What a sad commercial.
Gonn go down more
Stocks rallied the day after the election on gridlock, because uncertainty was removed.
Stocks fell yesterday because democrats governors and the party threatened to slow down AI infra buildout. That leads to slower revenue growth and delays estimates of cash flows off further into the future and decreases PV. Thats it. It’s really that simple.
holy shit!!! It is worse than it seems….this guy (Page) is like talking desperately to make AI build projects look good, although it is not.
It goes up today 2-3% (dead-cat-bounce) and next day it goes down another 10%.
Bunch of sheeple panicking 😂
3:00 vix jumped to 60, not to 30
"That's called World of Warcraft in the News business." -There Was No Big Trigger
Hedge Fund clearing events drove the mass sell. Buy The Earnings Power.
This guy is hopeless, he is not looking beyond the top layer. Don't trust him. Don't buy now
No big trigger for sell off? How about all the newly elected socialists posting on social media??
Stop spouting demand like it matters. Supply is increasing 10,000x as models get more efficient. Pricing for GPUs is most likely going to collapse.
tokenmaxxing is back again in bigger companies, and the leaderships are not happy with the extra unnecessary spend, talk to executives and do a piece on that again
consumers of apps (with various agents and models harnessed to those apps) aren't getting the most out of the products that are being served (neither with the results)
expect more push backs similar to what google got on various models integration with search, bundling it and then gaslighting people will backfire (even fake attempts of separation will get called) when the contagion becomes behavioral it's tough
the chart was forming an upward wedge for months
Correct, hence why we're seeing a recovery pre market rn. People panic but they forget that the financials of the AI buildout still remain solid especially in semiconductors where nothing on their balance sheets has actually changed, they've only become more undervalued now, they literally have huge contracts locked in for the next year. I see no reason for especially semiconductors to continue to be punished when they are such are crucial industry for technology which is where the future lies.
Yes there was, liquidity in the finacial system diminished. Knowledge costs…