It’s earnings season: Google’s earnings report came out yesterday and it has already fallen 10%. Tesla’s earnings report is out today and is down 13%. IBM’s earnings report is down 8%. Nokia’s earnings report is also out today, down 10%.



The AI expectations that were built up earlier were too high. Any small downside gets infinitely amplified. Tesla’s earnings are US-listed and exclude expectations. Google is focused exclusively on cash flow. IBM’s report excludes expectations. Nokia’s is net profit down.

I think the main reason is that it rose too much beforehand; once it drops a bit, it returns to a normal valuation. The Nasdaq is approaching a key level. The recent performance of US stocks has been very poor—don’t let the big promises crash the market. The Federal Reserve should come out and cut rates to save the day!
TSLA-14.20%
IBM0.25%
NOK-4.13%
NAS100-2.13%
BTC-1.46%
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