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By bloomberg, you mean bloomberg terminal or what exactly? Thanks for this information. I was genuinely confused after I had written this comment because well

By bloomberg, you mean bloomberg terminal or what exactly? Thanks for this information. I was genuinely confused after I had written this comment because well this information of epic games was already available 8 hours earlier so that had already been factored in the market 2 hours ago so I was confused as to why this change in 2 hours. Also, I would genuinely appreciate it if we could have a seperate HN thread just for this news itself. Sounds really interesting and I have quite an opinion on it

sgerenser 2y ago
Apple's earnings call is going on right now: https://finance.yahoo.com/news/apple-tops-q2-earnings-estimates-on-strong-iphone-sales-174033613.html https://finance.yahoo.com/news/apple-tops-q2-earnings-estima... The headline sounds positive, but apparently its not positive enough to keep the stock from dropping.
- Imustaskforhelp 2y ago
  wow, this has dropped even further it was around 2.5 last time , now its 3.7 , these are in some serious Billion dollar loses. I don't know but seeing so much money move so fast with such high velocity and such corrections in minutes and thus losing or making billions. I really want stability and it does seem to me that in some sense I wish for every economy to be more comprised of small businesses which aren't changing their stock price in such drastic measures though I think such an opinion might be unpopular around here.
- toyg 2y ago
  There is always a certain amount of rollercoasting going on around Apple earning calls, with stock going up during build-up and then dropping after the call. My reasoning is that a lot of traders are simply afraid of losing a potential "wow" moment, so they stockpile just in case and then unload once they are sure that it's nothing special - simply to avoid their bosses going "why did you miss the boat on Apple?!?!" if the price skyrockets.
deleted 2y ago
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sgerenser 2y ago

Apple's earnings call is going on right now: https://finance.yahoo.com/news/apple-tops-q2-earnings-estimates-on-strong-iphone-sales-174033613.html https://finance.yahoo.com/news/apple-tops-q2-earnings-estima... The headline sounds positive, but apparently its not positive enough to keep the stock from dropping.

Imustaskforhelp 2y ago
wow, this has dropped even further it was around 2.5 last time , now its 3.7 , these are in some serious Billion dollar loses. I don't know but seeing so much money move so fast with such high velocity and such corrections in minutes and thus losing or making billions. I really want stability and it does seem to me that in some sense I wish for every economy to be more comprised of small businesses which aren't changing their stock price in such drastic measures though I think such an opinion might be unpopular around here.
toyg 2y ago
There is always a certain amount of rollercoasting going on around Apple earning calls, with stock going up during build-up and then dropping after the call. My reasoning is that a lot of traders are simply afraid of losing a potential "wow" moment, so they stockpile just in case and then unload once they are sure that it's nothing special - simply to avoid their bosses going "why did you miss the boat on Apple?!?!" if the price skyrockets.

deleted 2y ago

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