this post was submitted on 02 Nov 2026

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Intel crashes 29% in worst day since 1974, wipes $140B (worldbusinesswatch.com)

submitted 1 week ago by alessandro@lemmy.ca to c/pcgaming@lemmy.ca

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[–] r00ty@kbin.life 3 points 6 days ago (3 children)

They're already up in OOH trading. Not a guarantee they will go back up when US trading opens proper. But, it's usually a good indication.

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[–] Elting@piefed.social 14 points 6 days ago (2 children)

What's the saying, that the market can ignore reality longer than you can remain solvent, or something to that effect.

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[–] r00ty@kbin.life 3 points 6 days ago (1 child)

Well it's certainly rarely based on any logic I can ascertain, that's for sure.

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[–] Elting@piefed.social 5 points 6 days ago

It’s really just a gauge of how good the investors are feeling, a real market crash would involve way more than a sell off.

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