this post was submitted on 04 Jun 2026
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Technology
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I guess they are starting to feel the strain of hemorrhaging billions of dollars for data centers.
They're figuring if AI is not deeply embeded and people totally addicted to using it by now it's not ever going to happen, so it's time to let the trap shut and see what they caught.
And yet stock prices SOAR!
My Microsoft stock has not soared. :(
Ha ha! Thats what you get for supporting them financially.
I didn’t? I worked for them and the stock was part of my pay package.
That's worse.
The market is insane. The valuations for stocks connected in any way to "AI" have no connection to reality whatsoever.
You just described the entire stock market since the dawn of currency.
AI is just the newest buzzword.