News for hackers. Stuff that matters.

A comment on Nasdaq plummets 4% into correction territory. Parent comment

Re:Nasdaq plummets 4% into correction territory by plaidfuji on Thursday November 05, 2026 @02:46PM (#50383523)
> Given the election result the AI bailout ain’t coming

And why should it have? Ridiculous to pre-emptively talk about a bailout before a crash has even materialized. Who exactly was going to be bailed out?

[ Parent | on HN ]
Re:Nasdaq plummets 4% into correction territory by thephyber on Thursday November 05, 2026 @04:34PM (#50384768)
It's not ridiculous. Wall Street does this all of the time. It's managing risk and that involves forecasting what will happen in the future.

Maybe you don't like the possibility of Wall Street planning on a bailout, but they are constantly doing that and they also plant stories / narratives in the media encouraging it and they likely whisper in the ears of their politicians that it will "help save the economy" or whatever the FUD of the day is.

[ Parent | on HN ]
Re:Nasdaq plummets 4% into correction territory by ChrisTrenkamp on Thursday November 05, 2026 @11:00PM (#50387999)
The DNC is thinking about a "No AI Bailouts" bill:

https://democrats-financialservices.house.gov/news/documents...

I'm not going to comment on the AI bubble, nor if this bill would actually have an effect, but I think this certainly will have an effect on Wall Street's behavior.

[ Parent | on HN ]