RE: https://flipboard.com/@ctvnews/business-hbgr2piuz/-/a-qHQNMY9yTiqMGMJxHYf3aQ%3Aa%3A2823982346-%2F0
Are ‘business leaders’ really that gullible? All Trump did was pause his deadline until after trading on Friday. Or does reality even matter when the only metric of success in modern business is ‘line go up’?
“Shares almost doubled between Monday and midday on Wednesday, before losing ground in afternoon trading to close 1.2 per cent lower at £4.10, leaving the Cambridge-based company valued at just over £800mn.
#Traders were enthused by social media posts that pointed to a sudden surge in demand for #RaspberryPi’s credit card-sized computers among #AI hobbyists.
The devices offer a low-cost way to run #OpenClaw, the AI tool whose popularity has erupted in recent weeks, culminating in its creator Peter Steinberger being hired by OpenAI last weekend.”
Stonks
#stonks <https://archive.md/zcFXC> / <https://www.ft.com/content/824aa5e3-e86f-4da4-bde9-bb705d6ba20e>
Australia: “High-profile investor Hyperion Asset Management has dramatically cut its #exposure to #SoftwareStocks as it attempts to stem the bleeding from what it describes as one of the toughest periods in the firm’s 30-year history.
The $15 billion money manager has been among the hardest hit from the recent rout in the #technology sector as #investors around the world dumped #SoftwareFirms, worried that #ArtificialIntelligence will replicate their services at a fraction of the #cost.”
#WhiteCollar / #ZeroHourWork / #AI / #stonks <https://www.afr.com/markets/equity-markets/hyperion-sells-software-stocks-after-tech-rout-smashes-returns-20260218-p5o38x> (paywall) /
<https://archive.md/upBic>
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