Fake news and FUD
Hello everyone, so as I think we all can agree last Thursday and Friday were quite brutal. I know stocks like MU, SNDK, Kioxia, Hynix etc... are very volatile, but still 25% in 2 days is pretty brutal.
Having that in mind I have been reading a lot of news lately (mainly from Bloomberg) which are straight up FUD. No real basis in their claims and actually straight up false claims. Such as Meta renting their computing (which they won't really be doing and which brought NBIS down a lot) and now false claims about Nvidia which Nvidia has already denied all of them (that news brought down Korean market yesterday).
I'm curious to see if you guys know more about this and generally your thoughts. Do you think institutions are spreading FUD before another leg up?