After Meta announced its earnings on Wednesday, and presumably this announcement was part of the earnings call, Meta's stock dropped, erasing $237 billion in value.

As the article relates, "Meta's spending is hard to rationalize, some analysts say, as it's uncertain whether heavy investments in AI will generate compelling returns"

Further down in the article, "Significant investment in Superintelligence despite unknown revenue opportunity mirrors 2021/2022 metaverse spending," Oppenheimer analysts said, referring to Meta's recently formed Superintelligence Labs focused on AI that would surpass human knowledge. After Wall Street panned earlier metaverse-spending plans, Meta went through a "year of efficiency" focused on cost cuts.

Take this as you will.

Another solution would be to compost the body. The mercury would still be in the ground, but either stay there or be dispersed among the tree and vegetation.

He tracked their children's locations, counted their screen minutes and demanded they account for them, and imposed draconian limits during Kate's custody days while lifting them on his own [...] After they separated, Kate's ex refused to disband the family group.

He sounds like such a pleasant person.

You could stopped at 'Windows is the Problem'. Everyone would understand. No need to say anything more.

China offered a U.S. Nobel Prize winner whatever he wanted after the U.S. froze grant money for research. He declined to take up the offer, but it is guaranteed others will and have done so, whether to China or somewhere in Europe.

Guess what happens to a country where people like this are no longer around.

Unfortuantely, no. There are many "doctors" who don't believe in vaccines or were touting quack products to "cure" covid. Look who heads the Florida Department of Health and his stance on vaccines. Essentially, they're not needed.

As well there are people with law degress who don't know the law. One need only look at the Supreme Court Justices who supposedly have law degrees but don't even know what the Constitution is about.

And let's not get into Flat Earthers who have degrees in astronomy.

This would do little in the U.S. to limit morons from spouting nonsense. If anything, it would make things worse because now people could use the appeal to authority when letting loose their conspriacy theories or outright lies by saying, "See! See! Dr. Combobulitz said it and since they're an expert it must be true."

Agreed. I didn't buy in nearly early enough, but my money is growing so that's all that matters. Even if the stock drops precipitously, I'm up far enough I'll still make out.

The next two years should be interesting to see where things go from here.

When I used to be in an apartment my upstairs neighbor had food delivered every Friday and at least one other time each week. I can guarantee they were not upper middle class.

My current neighbor across the street has food delivered, as far as I can tell, once a week as well. Not sure if they have it delivered while I'm at work so it's always possible they have it delivered more than that one time. Again, they are not upper middle class and there are no special occasions going on\ that I am aware of.

There is a host of a local radio station who readily admits their DoorDash account is beyond belief. There is no way they are upper middle class.

As for bothering JD Vance, the more the merrier.

Who doesn't like paying up to three times the cost of the food to have it delivered lukewarm?

And people wonder why they're always broke.

Nvidia stock is up over 4% today (as of this writing). A tick under $200/share.

Glad to see the investment paying off.

I always like comments like these from men who blame women for not having babies. After all, the sole job of a man is inject and go. It's the woman who has to undergo nine months of an ever increasing blob taking nutrients from them, drastically altering their hormones, making them uncomfortable 24 hours of every day, and eventually causing pain and discomfort. Assuming they don't die in the process.

Who wouldn't want to go through all that?

If the day ever comes when men can become pregnant, birth control will be freely available and there will be a whole host of government programs implemented to make their lives as comfortable and safe as possible.

The National Nuclear Security Administration just furloughed 80% of its workforce due to Republicans shutting down the government.

Who is there doing the leg work to get this approved? Depending on how long Republicans keep the government shut down, who will do the installation and configuration? They can't pay contractors to do this since there is no approved money.

The hackers I mean. Stealing has consequences.

So he has something to distract his constituents from why he fled Texas when the people were freezing to death due to Abbott's and Ercot's incompetence.

Also, because the Wikiepedia article about the battle at the Alamo explicitly states, "About one hundred Texians, wanting to defy Mexican law and maintain the institution of chattel slavery in their portion of Coahuila y Tejas by seeking secession from Mexico, . . ." To him, telling the truth is "liberal" bias.

Oh fuck off. The headline is exactly correct. Something was worth X yesterday and today it's worth Y, where Y is substantially less than X.

If you had to sell right now, you would get far less than for the product than if it you sold it yesterday. Hence, erased market cap.

It's used every single day in the financial industry and is regularly quoted in headlines when a company's stock plunges.