| ▲ | throwaway-away 6 hours ago | |
Crime is legal, but investors can and will dissect your 10-Q/10-K statements. Anyway, I think that the Administration covering their asses in the face of doubtful numbers will shake investor confidence in the tech field. In fact, most investors will think one of these two things: 1. "Look, even OpenAI, which is the face of the LLM tech with ChatGPT, needs assistance from POTUS to stay afloat, the tech is not profitable" 2. "Crap, all this circular economy going on with Nvidia/OpenAI/... is bogus after all if even OpenAI needs the White house support to survive. There is not enough demand". Regardless of the specifics, if this sentiment spread enough (and it doesn't have to be the majority of investors) everyone, regardless of their beliefs, will start selling to avoid being the last one standing when the music stops. | ||
| ▲ | utopiah 25 minutes ago | parent [-] | |
Right, that's why TSLA is worth what... pennies? /s | ||