Investing General Discussion

Seananigans

Honorary Shit-PhD
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I foresee "AI agent" trading resulting in all money being fed to market makers, the only true winners.
 
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TJT

Mr. Poopybutthole
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If you're letting AI do trades with your money on its own. You have gigantic steel balls. You are also a massive retard and there is no hope for you.

Ride to Valhalla!
 
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Borzak

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So AI making investments to fund whatever it needs to kill you off? Makes sense. Oil, at least the futures this morning are starting to creep back up, up 4.5 % at 7:30 central time.
 
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Kithani

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If you're letting AI do trades with your money on its own. You have gigantic steel balls. You are also a massive retard and there is no hope for you.

Ride to Valhalla!
Bruce Lee Meme GIF by Justin
 
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M Power

Silver Squire
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Rivian spinout Mind Robotics valued at $2 billion in Series A funding round

March 11 (Reuters) - Mind Robotics, a startup spun out of EV maker Rivian, said on Wednesday it has raised $500 million ‌in a Series A funding co-led by Accel and Andreessen ‌Horowitz.


The industrial robotics company was valued at $2 billion, according to a person close to the deal.
Somehow an EV company not named Tesla starts doing robotic AI and its stock goes down almost 1% but Tesla does the same thing and it goes to the damn moon. Further proof Tesla is just more meme? Rivian easily has the better EV product line (especially after the next 2 models release soon).

Tesla delivery slide may stretch to third year, some fear, as cash burn looms
SAN FRANCISCO, March 11 (Reuters) - Tesla investors and analysts are cutting estimates for its electric vehicle deliveries and some are now expecting a third straight year of decline, pressuring profit as CEO Elon Musk refocuses on the expensive goals of launching robotaxis and humanoid robots.
Tesla up almost 2% today.
 

Sheriff Cad

scientia potentia est
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I think the idea would be that they are less short-term beholden and can make at least a little bit longer term plans, but it could easily work out the way you're saying as well.
 
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General Antony

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I think the idea would be that they are less short-term beholden and can make at least a little bit longer term plans, but it could easily work out the way you're saying as well.

People that think that are retarded.

1st point - S&P has returned almost 14% annually over the last 15 years. Are they saying that returns would have been even higher than that ridiculous number if CEOs were making longer term decisions? Why in God's name would you fuck with your horse when it's running like that.

2nd point - We're seeing massive long term cap ex by the largest companies in the world. Spending like drunk sailors when they could be handing stacks of cash to investors next quarter. Sounds like long term planning to me.

For small publicly traded companies I can understand the reporting relief though.
 
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Furry

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Yea, it kinda feels like a mixed bag. I have a feeling larger companies will generally try to stick to a quarterly reports, because engaging the stakeholders and being open is generally a good look. I feel some companies will definitely try to get away with more shady stuff, while some companies will benefit from doing less work on things outside their business sector.

I feel like the change is probably overall a good as I like market freedom. I see people talking about enron as the reason we have quarterlies, but 3 months changing to 6 months would have really done nothing to change enron, that was an accounting failure.
 
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