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Intel is laying off over 15,000 employees and will stop ‘non-essential work’
(www.theverge.com)
this post was submitted on 01 Aug 2024
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So, buying opportunity?
"Here is more evidence that our system is fundamentally broken and doesn't serve the people who make it run anymore"
You: "How can I profit from this?"
You sound like a CEO in the making.
Even Marx dabbled in the equities markets.
People seem to think having an economic philosophy is the same as having a moral philosophy. Absolutely not. If you look at a system and conclude "This is dysfunctional, it's leaking money everywhere" that doesn't preclude you from getting a sponge and mopping some of that money up.
Would be awesome if DARPA bought them...
Man I really should've bought some Intel instead of Nvidia.
Wait, their stock is 30% down today, what happened?
The entire stock market is a casino for rich people and the rest of us are just hoping we can scratch a retirement out of it?
Yeah, I guess.