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
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.
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.
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