Tech stocks wipe out $1 trillion in value as concerns deepen about the AI boom
www.nbcnews.com
The broader S&P 500 lost 1.8%, while the Nasdaq 100 had its worst day since June.
  • xtr0n@sh.itjust.worksEnglish
    16·
    6 days ago

    Yeah. I went to school with rich kids who were suddenly worried about whether daddy could pay for college after that 1987 crash.

    • Jo Miran@lemmy.mlEnglish
      9·
      6 days ago

      Yeah, 1988-1996 was pretty bad. It was my computer hobby that saved my life. No idea where I’d be today had I not turned my side hustle into a career.

      • xtr0n@sh.itjust.worksEnglish
        3·
        6 days ago

        I guess I was “lucky” in that I was too poor to be directly impacted my the market back then. But I was young, energetic and at my peak looks-wise, so I can’t shit on that era too much.

    • adarza@lemmy.caEnglish
      6·
      6 days ago

      dad bailed on us for good that winter. left mom and us kids with nothing. he spent several years globe-trotting with his flavor-of-the-month mistress.

      • xtr0n@sh.itjust.worksEnglish
        4·
        6 days ago

        I’m sorry that you had to experience that. I hope you all eventally survived and thrived.