newaccount2023

8 ms·

1.
by newaccount2023 4y ago
why do these stories keep touting the job market? the companies who can't fill their openings are places like Chipotle, McDs and Walmart the places laying off are Google, Amazon, GM really wish these talking heads would talk about SPEC
2.
by newaccount2023 4y ago
for now, Apple is in a different league if Tim Cook wants $10 bln in new profits, he can simply pass some arbitrary judgement like "the next iPhone will only be compatible with new AirPods we will introduce at the same time" and
3.
by newaccount2023 4y ago
Grantham is correct that we have an everything bubble but Grantham has also been declaring an imminent correction as long as I can remember, literally decades you have to remember that these older analysts hail from another era...and it may
4.
by newaccount2023 4y ago
> but the latest Fed action violates a 40-year downtrend in interest rates its no big deal to make a little bet based on that, but SVB seems to have bet the farm had they even diversified their duration they would have been fine
5.
by newaccount2023 4y ago
exactly! even more amateur single investors know better than to bet the farm on ten year notes when rates are exceptionally low SVB wasn't even operating at the level of the typical individual investor!
6.
by newaccount2023 4y ago
if you tell your boss you are leaving and they say "good luck" and don't try to counter, they probably aren't that bothered that you are leaving in this case, Intel's situation on GPUs is so dire that it makes total
7.
by newaccount2023 4y ago
I really don't know why they don't just take a chill pill and let this blow over a sale would be ridiculous, there is zero reason to fire-sale a bank with 28% margins they could easily lure back half of the 40% of closed accounts.
8.
by newaccount2023 4y ago
its a GREAT sign - it means Gelsinger is serious about making progress and is willing to replace ineffective leaders I would be more concerned by the opposite - presuming to fix the company using the same people who were responsible for the
9.
by newaccount2023 4y ago
so he can just announce another delayed exit... every layoff so far has had a month or more between announcement and implementation
10.
by newaccount2023 4y ago
nonetheless it is also the number Powell has suggested repeatedly as his target
11.
by newaccount2023 4y ago
Bill also said most meetings would be happening in the metaverse in two years
12.
by newaccount2023 4y ago
> I haven’t seen it talked about anywhere. I’m an ex-googler from layoffs Why would you hear about a confidential layoff plan??
13.
by newaccount2023 4y ago
the employees were fools for falling in love with their employer, not sure how else to say it they should be grateful they were paid so well for so long to do so little...chances are they will never see comp like that for work like that aga
14.
by newaccount2023 4y ago
no one will honor this license commercial users know full well a team of less than ten people can never hope to track down license violators while still doing dev work
15.
by newaccount2023 4y ago
> I'm fairly sure that most of the leftists who complained about Bush back then have not rehabilitated him they did after he trash talked Trump apparently saying "grab her by the p----y" is worse than starting two wars
16.
by newaccount2023 4y ago
Google spent years touting its leadership position in AI with DeepMind and Google Brain now its playing catch up and seems to be flailing around a bit Pichai really is just looking like a good-times placeholder CEO
17.
by newaccount2023 4y ago
we already know First Republic isn't going the way of SVB, despite the blog posts and upvoted HN comments to the contrary FRC was listing at a P/E of under 2 yesterday...either its collapse is imminent or this is one of the strong
18.
by newaccount2023 4y ago
Stocks do not go to 0 on the open market, and delisting does not imply 0 value List a stock whose trade price was $0.00, I'll wait
19.
by newaccount2023 4y ago
> it's clear that the uninsured deposits have fled First Republic their customers are high-net-worth so this would basically means almost all customers have left FRB, which is obviously not the case at this point the stock is so che
20.
by newaccount2023 4y ago
they have $30 bln in new deposits its the same bank they were two weeks ago, but with a $30 bln buffer why do anything? so what, the stock collapsed...if the business is still basically sound (and I have yet to see material evidence to the
21.
by newaccount2023 4y ago
US in hyperinflation in 90 days would result in a complete breakdown of social order if that happens, society will not be run by people with BTC, it will be run by people with AR15
22.
by newaccount2023 4y ago
take a deep breath... FRB is the same bank it was two weeks ago but with $30 bln more in deposits there is no material evidence that it is dire straits there is no material evidence of malfeasance there is no material evidence of a run on t
23.
by newaccount2023 4y ago
downvoting me isn't changing the rate of layoffs kids you can't wish this away
24.
by newaccount2023 4y ago
HN seems to have this idea that layoffs are one and done who is to say the reason why? maybe Andy Jassey just went for a long walk and came back and decided 9k more were out the door for all you know he may want 25k more gone and is just fi
25.
by newaccount2023 4y ago
> Engineers, programmers, hackers on the other hand are gonna be just fine and yet this is exactly where the layoffs are happening...AWS, ad tech, twitch
26.
by newaccount2023 4y ago
Not just shorts Other than the "run" scenario (which has existed since the days of Venetian banking), there is no material evidence of a special risk that has emerged in the last two weeks. Look at how SCHW was driven down 20% for
27.
by newaccount2023 4y ago
Then CS should force the price to $0 and let their shareholders vent fury on regulators Once again, it makes sense for CS to let this go scorched-earth
28.
by newaccount2023 4y ago
That or it's a warranty issue...where the DIY model forces the purchaser to carry more responsibility
29.
by newaccount2023 4y ago
CS would be insane to accept that price Their CEO can just turn this into a game of chicken, since it is the depositors who are at risk, not him And if the sale is being forced, why even offer $1 billion? Just threaten jail time and take CS
30.
by newaccount2023 4y ago
10x? Try 1000x. We haven't even tried hooking up different types of reasoning models (chess engine, weather modeler) together yet...eventually LLM will be just one aspect selected based on intended use GPT4 is basically Pong. Within a

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