๐ Throwback Thursday for 2025-03-20
This edition dives into the fallout when a CEO's words cost billions and the eventual recovery.
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Welcome to the latest Hot Fudge Daily. Each day of the week you get thematic value.
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One headline for Thursday Throwback caught my eye.
โ๏ธ + ๐ Question: What happens when one CEO utters a few ill chosen words that wipes away BILLIONS in market cap of OTHER companies?

Techmeme: Major quantum computing stocks, up 300%+ in the past year, fell on January 7 after Jensen Huang said โvery usefulโ quantum computers are likely decades away (Jeran Wittenstein/Bloomberg)
By Jeran Wittenstein / Bloomberg. View the full context on Techmeme.
โ๏ธ + ๐ Answer: ~10 weeks later, that one CEO might say mea culpa and invite those OTHER companies on stage and allow them to retort.
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