So basically i’m done for 💀. It’s not that I don’t have ability, most of my accounts are completely funded by trading over the past few years. It was kind of a “bet” haha

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What kind of AI? Some are quite successful, I would say. Something like recommender systems used by Netflix, Meta, and Reddit, fraud detection used by banks, and face recognition used almost anywhere.

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Based on absolutely nothing. They jumped 10% on a bad earnings call: you wanna bet on that kind of regardation? Tesla to the moon on absolutely no DD at all.

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Alright thanks, I’ll have to keep that in mind… I’m not seeing any others with the same kind of price action where it’s worth buying options on just because the price doesn’t move enough anymore, I only really play meta because it’s like the only company still profitable on the market price wise.. most everything else isn’t even worth looking at anymore besides nvda and those kinda companies but soon as play any options on those it just does the opposite and burns all the cash so good on those… just trying to get this account into margin has been almost impossible 😭

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Lmao, the US government keeps spending money. First it was for Covid-19. Now it's for national security. That's a massive amount of fiscal stimulus at a time when the Fed is supposedly trying to restrain the US economy to limit inflation. Just look at the popularity of this sub. Meanwhile, China is trying to crack down on speculation and leverage in the market. Xi purposefully slowing down the economy, partly to cement his power, but also to eliminate some of the speculative froth from the market. He went too far and now it's hurting them greatly. The US is similarly going to destroy its economy in the long term by continuing to do this kind of debt fueled spending. But it helps Trump and Biden today so they keep spending more and more. Millennials got screwed by Boomers so the plan is to pass the buck along and screw over the next generation too. Right now, the Federal government needs to cut fiscal stimulus and the Fed needs to cut interest rates. But because Congress refuses to take its foot off the gas pedal, the Fed can't take its foot off the brakes. So we have a weird AF economy with insane bubble like behavior in some parts (stock market gambling) and recessionary behavior in other parts (there's not enough homes but we're not building more). Most Democrats and Republicans alike are economically illiterate. That's why we hear moronic stuff like corporate price gouging causes inflation. JPow understands the situation, but can't tell Congress what to do. Janet Yellen also understands the situation, but her job is to get Biden reelected. Nobody wants a nice normal economy. Everyone wants to get rich quick without working, punish those richer than themselves, ignore those poorer than themselves, etc. This kind of crap leads to countries collapsing. The only thing holding everything together is Silicon Valley. The internet is such a revolutionary tool that it has greatly increased the standard of living on Earth. You can be a lazy angry idiot, but if you hit the lottery you're going to be rich. The only problem is that most lottery winners quickly blow through their money and end up broke. The US risks going down the same path.

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I mean, it just depends on the loopholes around it. The average person probably shouldn't be taxed on unrealized gains. But a billionaire is using those unrealized gains as credit to get loans for without having to sell the underlying security kind of defeats the purpose.

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It takes a special kind of human being to be able to make such a connection

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after TSLA, I think this is a possibility. Playing earnings is risky, and that's the kind of shit we are here in wsb for... queue the loss porn!

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The idea is that they would be paying owners to monetize their onboard computers and it would be an opt-in kind of thing. Like use your brain man. I'm pretty sure alot of people would be happy to earn a few bucks while they're sleeping. And in fact many of people are already doing that with Tesla's Powerwalls by letting Tesla use them to arbitrage electricity in local markets.

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So after hours of tearing my hair out I can accept the META dump today. It's a huge over reaction but the zuck laid out exactly why there will be upcoming losses and the market dumped it. I still do not understand TSLA. Kind of the same but reversed. Elon simply said cheaper tesla being produced sometime early 2025. No plans no detail just a statement. AT BEST.. the stock should have stayed flat. The pump was totally unjustified if based on current and even short-term Financials wouldn't even include those types of revenue figures even if they magically happen. Whatever. MSFT will kill earnings deliver 0.1% lower on guidance and we'll see you at 320 tomorrow night.

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