The upper management is scapegoating the workers for their mistakes
You would think that they would move hard to make sure they were hiring the best and more people to ensure bullshit like FRYING THE ONLY COMPONENT PEOPLE WANT FROM YOU BY USING YOUR PRODUCT NORMALLY would be paramount. But no. Fire everyone but the C-Suit, do some stock buybacks, ???, then profit.
Line must go up.
I swear to god if companies don’t realize that the point is to make a product or service that people want to use, I’m gonna sue them in Texas and hope to finally get the corporate death penalty.
That’s the Jack Welch playbook!
If it were a sane world I’d be worried about my Intel stock but investors seem to get hard-ons at news of layoffs so it’ll probably go up.
Layoffs always make financial numbers look good for a moment. People are expensive.
It’s cute that you think shareholders actually drive stock prices.
Make your point without being demeaning
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Stock prices are absolutely determined by investors. As in, that’s the only thing that matters. If more people are selling than buying, line go down. If more are buying than selling, line go up. That’s how it works.
You say “shareholders,” but that’s not accurate. the OP said “investors,” which can mean everything from long-term shareholders to day-traders throwing around options. The former doesn’t determine share prices, those who actively trade the stock do.
Honest question as I’ve been pondering this (and not my orb 😞) recently and I’m not sure if my reasoning makes sense.
You mentioned day-traders making option plays. I can see how that could be used as a signal by the rest of the stock market. Does that have a bigger impact than, for a lack of a better term, mega investors? I’m not a huge investor. My holdings are primarily in ETFs. But I have some money in my portfolio to play around with.
To me it seems like my stocks are affected more by what berkshire hathaway does for example than actual consumer/investor sentiment. To the point where I’m wondering if unless we band together, like GME, we are primarily along for the ride. All while massive firms, insurance companies, tech companies and other large holdings managed by small number of individuals impact stock price a lot more and with that don’t have an insensitive to sell holdings they bet big on.
Those companies are out to make as much money as possible, and I think the simplest explanation is they’re just better at predicting what a stock will do than just one person.
They may well have an entire team of people studying one company, to work out if they are worth investing in.
As for the options guys, anyone taking what they’re doing as gospel is an idiot, there are some spectacular examples on Wallstreetbets of people losing a fortune on options.
Hedge funds and short sellers control prices. And they cheat.
Those are investors.
This isn’t a retort, and I don’t think short sellers are investors?
It is a retort.
Hedge funds do invest in stocks. On what planet are they not investors? They invest.
Short sellers are certainly a bit more ambiguous in how you’d classify them - but at the end of the day they’re still buying and selling stocks, and therefore investing and divesting. Classify them how you wish.
It’s also true that short positions only make up a small amount of the market.
Saying that there’s no such thing as investors is insane.
Plus, short sellers make money when the price goes down. If they’re not classified as investors, then who is ever making the price go up?
So, what does drive stock prices?
The FREE MARKET™
I honestly thought this was about to be another orb post from the thumbnail.
Wanting to ponder, huh. Me too.
I’d hate to be named Jobs, working at Intel. 🔪
Especially if you’re the only one
I plan on cutting intel out of my purchases for every single computer I make going forward. I bought an effected processor JUST before it came out that all their 13-14 gen processors will fall apart in just a couple months of use.
Planned obsolescence but it’s metastisized
When it was time to upgrade my PC awhile back it took me a long time to decide between the old school equal cores model and the new 12th-gen ones with BIG/little segregated core architecture. I wanted to future-proof my build so it would last a long time, but I chose the more conservative option of the old-school design for a number of reasons.
The Rocket Lake one turned out to be a great choice. I have 8 cores that can hit 5GHz and rock-solid reliability.
Guys, i’m sorry to say that 15 years of avoiding innovation because we were the market share leader has to end. We thought AMD was a joke after so many issues in the 00’s so we got complacent.
So we have to can all of you marketers who are shitposting on our advertising “review” site and hire some R&D people. Maybe we can scalp some from AMD.
Sincerely, Intel Executives
Is this why my leaps all died?
CEO have himself a 45% raise last year. When do we eat the rich?
I think Intel needs to go through the humbling experience that AMD went through.
