Metamorphosis

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Well this gives me a big old bearish grin – – $200 billion destroyed instantly!

Simultaneously, overpriced dinosaur IBM is getting trashed:

As well as even more insanely overpriced ServiceNow:

Misery. Disappointment. Shock. There is a LOT to be cheerful about tonight.

Perhaps shareholders will eventually lose patience with Zuck spending all his time trying to assert that he’s a manly man and instead try to reign in the absolutely insane expenditures on AI development.