#sell-off — Public Fediverse posts

“#Atlassian’s stock has been among the hardest hit by the “#SaaSpocalypse”, a term coined to describe the #SellOff of software-as-a-service companies seen to be most threatened by #AI. In #Australia, it has been dubbed a “#SaaSaccre”.

#USA listed Atlassian is the worst performer of the #Nasdaq100 this year, losing more than half of its value since the start of January. The company, which trades under the ticker #TEAM, commanded a market capitalisation of $116bn five years ago but is now worth $20bn.”

If Atlassian made its fortune on worker collaboration, the AI #WhiteCollar movement will reduce people working and solve the “communication problem” between individuals.

Less workers, less #communication. Atlassian has a double whammy hit to its #business.

#ZeroHourWork / #work / #software <https://archive.md/CztkH> / <https://www.ft.com/content/206df66d-09ac-46b6-a3c6-a25aaf07eb8a?syn-25a6b1a6=1> (paywall)

“Over the past three-and-a-half decades, #India's #SoftwareIndustry has created millions of #WhiteCollar jobs, spawning a new #MiddleClass driven by high ambition and strong purchasing power. This, in turn, has fuelled demand for apartments, cars and restaurants across top-tier cities such as #Bengaluru, #Hyderabad and #Gurugram over the past 30 years.

The #NiftyITIndex of 10 of the country's biggest software companies is down some 20% this year, wiping out tens of billions of dollars in investor money.
The #SellOff began early in February after #Anthropic's #Claude agent released a new tool that it claimed could automate key legal, compliance and data processes, hitting at the heart of the #LabourHeavy industry's #BusinessModel.”

#AI / #ArtificialIntelligence / #software / #engineering <https://bbc.com/news/articles/c5yrq1090p8o>

2 Bloomberg: The #selloff has pushed the #30-year #Treasury yield to close to 4.90%, the highest in a month, as #investors factor in the cost of #militaryoperations. 🧵 #markets #bonds #bondmarkets

1 BMO: #Equitymarkets point to another soft open this morning after yesterday's #tech led #selloff. So far, not a lot of traction despite word that the #U.S. #Administration is considering scaling back #steel and #aluminum #tariffs, at least on some products … 🧵 #markets

#Software stocks are plummeting as investors fear #AI could replace #softwareservices. The #selloff, triggered by #Anthropic’s new #AIautomation capabilities, has impacted the entire market, highlighting the potential disruption AI poses to the industry. While some see AI as a complement to software, others worry about its long-term impact on business models and valuations. https://www.axios.com/2026/02/03/ai-software-anthropic-stock-market?AIagents.at #AIagent #AI #ML #NLP #LLM #GenAI

$1T in Tech Stocks Sold Off as Market Grows Skeptical of AI

https://gizmodo.com/1-trillion-in-tech-stocks-sold-off-as-market-grows-skeptical-of-ai-2000683226

#HackerNews #TechStocks #AIMarket #SellOff #Skepticism #Investment #Trends

Crypto’s Black Friday - What began as a macro-driven unwind on crypto Black Friday rapidly evolved into a market-... - https://www.coindesk.com/coindesk-indices/2025/10/15/crypto-s-black-friday #bitcoinblackfriday #cryptolong&short #coindeskindices #marketcrash #opinion #selloff

#politics #alt #doge #musk #smartpay #selloff #ramp

Heather Cox Richardson DOGE To Replace Functioning Secure Smart PaY to Questionable Private Company, RAMP 4/21/2025

https://apnews.com/article/dollar-trump-tariffs-trade-safe-haven-china-c108fd36a3122f85872ad34ba5f5d977

Strange sell-off in the dollar raises the specter of investors losing trust in the US under Trump

#usdollar #us #dollar #global #reserve #currency #trade #commodities #goods #shipping #logistics #business #imports #exports #brics #usa #G10 #wallstreet #investors #traders #stocks #selloff #bonds #treasury #treasurybonds #treasuries #mainstreet #assets #currencies #usa #markets #equities

https://www.marketwatch.com/story/trumps-tariffs-are-tarnishing-the-dollars-global-appeal-the-damage-may-be-hard-to-reverse-bdbf5847

The U.S. dollar’s role as the de facto global reserve currency is looking increasingly uncertain

#usdollar #us #dollar #global #reserve #currency #trade #commodities #goods #shipping #logistics #business #imports #exports #brics #usa #G-10 #wallstreet #investors #traders #stocks #selloff #bonds #treasury #treasurybonds #treasuries #mainstreet #assets

U.S. Stocks Have Worst Day of 2025 as Economic Fears Grow
The S&P 500 skidded 2.7 percent after President Trump did not rule out the possibility that his trade policies could cause a recession. #StockMarket #SellOff #economy #TradeWar #TrumpTariffs #Tariffs

New entry of AI-generated #comics and #jokes added to our #website:

#Stock #Market #Sell-Off #Joke

comics.lucentinian.com/2712
#LaughWithAI #Laughs #DailyLaughs #DailyComedy #Comedy

#StableGenius and #ConvictedFelon #DonaldTrump has lost $4 billion in #TruthSocial #wipeout.

#TrumpMedia has lost about three-quarters (74%) of its #value since #peaking at $66.22 on March 27. The #selloff has erased significant amounts of #wealth for #investors — including Trump.

— I smell a 7th #bankruptcy coming soon!

https://edition.cnn.com/2024/09/09/business/trump-stock-truth-social

Crypto Market Chaos: $93M Liquidated in 4 Hours as Bitcoin Crashes Below $54K - Bitcoin’s price took a dip below the $54,000 mark on Friday, as the cryptocurrency... - https://news.bitcoin.com/crypto-market-chaos-93m-liquidated-in-4-hours-as-bitcoin-crashes-below-54k/ #marketsandprices #bitcoinpricedrop #cryptocurrency #bitcoinmarket #cryptotrading #bitcoinprice #marketplunge #cryptocrash #liquidation #bloodbath #bitcoin #selloff

#American #recession fears spark huge #Japan #selloff, point to lower #US. open

https://www.nbcnews.com/business/markets/us-recession-fears-international-selloff-markets-nikkei-rcna165119?encoded_id=G9Ge9&utm_medium=email&utm_source=Digg_Email&utm_campaign=Edition&utm_content=Edition%208%205%2024

Crypto Carnage: $1.15B in Leveraged Positions Annihilated as Bitcoin Nosedives - As of 9 a.m. EDT on Monday, the crypto market experienced a $1.15 billion loss in ... - https://news.bitcoin.com/crypto-carnage-1-15b-in-leveraged-positions-annihilated-as-bitcoin-nosedives/ #leveragedcrypto #marketupdates #longpositions #tradingvolume #cryptomarket #derivatives #liquidation #marketcrash #selloff #btc #eth

Bitcoin Hits New Low Since February, Options Market Stays Optimistic - According to the latest data, $305.43 million was liquidated across crypto derivat... - https://news.bitcoin.com/bitcoin-hits-new-low-since-february-options-market-stays-optimistic/ #germangovernment #supplyanddemand #marketupdates #optionsmarket #cryptomarket #liquidation #stocklytics #qcpcapital #bitcoin #selloff #mtgox

Bitcoin derivatives turn bearish as traders anticipate sub $60K BTC price - Bitcoin derivatives data suggests that macroeconomic and crypto-specific... - https://cointelegraph.com/news/bitcoin-derivatives-turn-bearish-as-traders-anticipate-sub-60k-btc-price #markets #germany #selloff #trustee #basis #intel #call #pce #amd #put

@aristeon89 @uspolitics @politicalscience @geopolitics @histodons @history @sociology

COULD THIS MERGER GIVE #TRUMP THE $500 MILLION HE NEEDS?

🧵 11/14

However, we do know that owning stock is not like owning cash.

To convert #stock to cash, you have to sell it.

If Trump were to start selling a serious amount of it, word would get out and #Reddit would be full of comments about rodents, their travel plans, and ships.

There could be a mass #selloff and the price could drop.

#SEC

From ‘Big Short’ to Big Shift — Michael Burry Rotates Out of Bearish Bets Following Several Misfires - Michael Burry, famously known for his bold ‘Big Short’ wager against subprime mort... - https://news.bitcoin.com/from-big-short-to-big-shift-michael-burry-rotates-out-of-bearish-bets-following-several-misfires/ #subprimemortgagecrisis #scionassetmanagement #michaelburry #stockmarket #thebigshort #finance #selloff #shorts

Goodbye Mr. Fantom. You had your moments but you are a cantankerous mofo when it comes to connecting with anything past 2000AD. And your sample loading is slower than a wet welsh weekend. Still - somebody got a bargain. #synth #SellOff

Now for that bloody Hydrasynth if anyone will take it.

So Coillte is selling Irish land to Britain https://businessplus.ie/news/coillte-british-fund/ #WasItForThis #Coillte #Land #SellOff