DRK (@drk_2012) profile picture
India
Joined April 2012
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DRK retweeted
Replying to @TheEconomist
In a highly populous nationlike India, winning three consecutive elections- in 2014, 2019, and 2024, gave Narendra Modi and the BJP ample opportunity to fulfill the expectations of the people. Over the past 12 years, he could have focused his attention on critical areas such as India’s overall education system, rising economy, modernization of the armed forces, public services and foreign policy. Instead of doing so, he has prioritized securing funds for his own party, and fostering the prosperity of a select few businessmen within his inner circle- showing complete disregard for the nation and its people. Furthermore, he has installed individuals closely affiliated with the BJP and RSS at the helm of every government institution, a process of "saffronization"- which the public has never viewed favorably. And now, the people have begun to speak out.
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#Nifty #Nifty50 Word among the 'operators' 💀 is that tomorrow, there may be a 'bloodbath' 😱 in the markets. At what level do you think the Nifty might open tomorrow? 🙃
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49%21277
39 votes • 7 hours
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Le Bears, #Nifty after opening with gap-up 🙃
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JUST IN: Over $3,750,000,000 withdrawn from Binance in 10 hours following the exchange resuming withdrawals.
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Bitcoin Price on Halloween 🎃 2010: $0.20 2011: $3.27 2012: $11 2013: $201 2014: $337 2015: $312 2016: $699 2017: $6,369 2018: $6,330 2019: $9,170 2020: $13,540 2021: $61,840 2022: $20,625 2023: $34,495 2024: $72,250 2025: $110,000 2026: $77,400
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33 Countries have told people to stock up on food, water and supplies. What will be the reason(s)?
33%ALIENS ARE COMING
50%CYBER ATTACK
17%TRUMP WILL NUKE IRAN
0%HORMUZ INTERNET CABLE
6 votes • Final results
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🚨 GLOBAL MARKET CRASH SOON ? 1. Gold can be created in a lab. 2.China’s AI bubble popped, erasing trillions. 3. Google crashed -13%, erasing $482 billion in a single day, its worst drop ever. 4. US plans another operation against Iran. 5. Crypto exchange Binance got hacked for $5.6 billion, the largest heist in human history. All this happened in just past 5 days.
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#Nasdaq #Intel This is not meme coin! 😱🫣
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#Nifty #Nifty50 I haven't been making any significant gains from the Indian stock market, from last few months. So, I was thinking of investing some money in the US stock market. But... 😱
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This chart says it all. Take a look at the S&P 500's heat map over the last 30 days. Sentiment is currently as if we are in a major bear market, with tech stocks down -$5 trillion in 3 weeks. Meanwhile, the MAJORITY of the S&P 500 is green over the last month, and the index is 3% away from a record high. Our "stealth" bear market is underway.
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Nasdaq falls more than 2% as investors rotate out of tech after Amazon, Intel earnings- The Nasdaq Composite tumbled on Friday, while the Dow Jones Industrial Average outperformed as traders moved out of key stocks related to artificial intelligence and into more defensive areas of the market. The tech-heavy Nasdaq lost 2.3%, while the blue-chip Dow was down 307 points, or 0.6%. The S&P 500 slid 1.4%. Amazon shares lost 1% after the company reported earnings and revenue for the third quarter that fell short of Wall Street's expectations. The company also posted negative free cash flow of $42.4 billion and maintained its 2026 capital expenditures forecast for $220 billion. Intel, meanwhile, slide 28% after issuing a weak outlook for the current quarter, pointing to a slowdown in PCs. Revenue in the company's client computing and physical artificial intelligence group declined 5% from the year-ago quarter to $8.1 billion. Sandisk was also down 10%, even as its fiscal first quarter results beat estimates. The data storage company announced an eight-for-one forward stock split. Chipmakers more broadly were under pressure as well. Advanced Micro Devices dropped 9%, while others such as Nvidia and Broadcom fell 3% and 5%, respectively
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🚨 Massive CRASH in AI Stocks in the Last 48 Hours $INTC: -32.9% $GOOGL: -14.5% $AMZN: -10% $SNDK: -15.8% This comes after disappointing earnings from major tech companies raised fresh concerns about AI spending and future growth. Intel: Its Q4 revenue guidance came in roughly $1.1 billion below investor expectations, triggering a massive selloff. $150 BILLION of its market cap has been wiped out, its largest single day decline in over 40 years. Google: Reported 25% yearly revenue growth, but its free cash flow turned negative by $9.1 billion against expectations of a breakeven. Nearly $500 BILLION was wiped out from its market value in a single day, one of its biggest one day declines in history. Amazon: AWS revenue grew 39%, its fastest growth in nearly 5 years. But the company plans to spend $220 billion in capital expenditure this year, largely on AI infrastructure, with even higher spending expected in 2027. Its annual free cash flow swung from positive $14.8 billion to negative $42.4 billion in just 12 months causing more pressure. SanDisk: Even after beating earnings expectations with 378% yearly revenue growth, investors remained cautious as its quarterly revenue growth slowed from 51% to 23%. Investors are increasingly worried that Big Tech is spending hundreds of billions on AI infrastructure without generating enough cash to justify it. These concerns are now spreading across the semiconductor sector.
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Nasdaq-100 futures fall as Amazon and Intel swoon after earnings- Futures tied to the Nasdaq-100 dropped Thursday evening after Amazon and Intel shares slid following the companies' latest quarterly results. Nasdaq-100 futures lost 1.7%, while futures tied to the S&P 500 slid 0.7%. Dow futures fell 13 points. In Asia, Japan's Nikkei 225 slipped 2.61% while the Topix dropped 1.33%. The Kospi was down over 5%, while the small-cap Kosdaq declined 3.72%. Australia's benchmark S&P/ASX 200 was 0.65% higher. Hong Kong's Hang Seng index was up 0.55% , while mainland China's CSI 300 fell 1.21%.
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Mainland China shares fall over 1%, Hong Kong's Hang Seng gains 0.6%- Mainland China and Hong Kong shares were mixed early Friday, tracking other Asian markets. Hong Kong's Hang Seng index was up 0.55% , while mainland China's CSI 300 fell 1.21%. The gains in Hang Seng were led by academic services and energy sectors, up nearly 4% and 1%, respectively.
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Bitcoin tumbles below $78,000, extending losses as Binance security scare rattles crypto markets- Bitcoin (BTC) fell below $78,000 on Friday as concerns over a potential security breach at cryptocurrency exchange Binance rattled digital asset markets, prompting several major crypto firms to freeze billions of dollars in funds linked to the incident. BTC fell over 4% to $77,994.96, extending its losses after breaking below the psychologically important $80,000 threshold. Ethereum (ETH), the second-largest cryptocurrency by market capitalization, dropped 4.84% to $2,247.45, while Binance's native token, BNB, tumbled 7.68% to $694.45. Defying the broader sell-off, Hyperliquid's HYPE token surged 9.7% to $89.08. Several cryptocurrency firms, including stablecoin issuers Circle and Tether, froze a combined $2.54 billion in funds linked to the suspected incident on Thursday.
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⚠️BREAKING: *FEDERAL RESERVE SKIPS RATE HIKE, KEEPS FED FUNDS RATE AT 4.00% $SPY
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SUMMARY OF FED DECISION (10/28/2026): 1. Fed leaves interest rates unchanged after September hike 2. Rate pause was a 10-2 decision with Cook and Hammack dissenting in favor of a rate hike 3. Fed says economic activity is "expanding at a strong pace" 4. Fed says inflation "remains elevated" and seeks more information 5. Fed notes that "geopolitical developments" are contributing to uncertainty 6. The Fed reasserts that "The Committee will deliver price stability" "Higher for longer" continues at the Fed.
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Dear Mark Zuckerberg, please replace the heads of Facebook, WhatsApp and Instagram in India, with individuals selected from the BJP or the RSS. @finkd
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