Hateyou
Not Great, Not Terrible
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Investing General Discussion
- Thread starter Furious
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Sanrith Descartes
Veteran of a thousand threadban wars
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Ahh.. that's the secret though. V and MA don't issue the debt, they just act as the middle man. Those cc defaults don't cost them money. AXP on the other hand...
Sanrith Descartes
Veteran of a thousand threadban wars
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Sanrith Descartes
Veteran of a thousand threadban wars
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Remember when pot stocks were the next big thing? TLRY from $116 to $1.85. I wonder if AI stocks are this week's pot stocks.
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Sanrith Descartes
Veteran of a thousand threadban wars
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Latest news I have seen is agreement on 2 years of spending caps, rollbacks of some spending, (about 1 trillion), claw back of unspent Covid dollars. I believe they are gonna come up with a ceiling number in the agreement and then agree to let Congress work out the spending details.
Big Phoenix
Pronouns: zie/zhem/zer
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Hey now, sndl made me like $6000 back in 2021. It could have made ne $40000 if i held like two weeka longer.
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fris
Vyemm Raider
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I was talking to a guy at a bar tonight, since friend of my brothers. He was saying house much he made the other day of Nvidia. I said their jump in market cap was more than their lifetime rev and the dude said
"No...hahahaa .... Just no"
I didn't have my readers so I couldn't research on the spot. But reliving that argument in my head will go on rent free for some time
Nvidia current market cap is just shy of 1trilion
Nvidia market cap went up almost 25% the other day
NVIDIA Revenue 2010-2024 | NVDA
NVIDIA annual/quarterly revenue history and growth rate from 2010 to 2024. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Revenue is the top line item on an income statement from which all costs and expenses...
Nvidia rev last 13 years is about $150b
That mofo
Borzak
Bronze Baron of the Realm
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Cathie Wood Defends ARKK’s Decision to Dump Nvidia, Citing Chip-Cycle Risks
(Bloomberg) -- Cathie Wood defended her firm’s decision to bail on Nvidia Corp. before the chipmaker’s shares surged 160%, saying the computer-chip industry’s boom-bust cycle poses risks.Most Read from BloombergEurope’s Economic Engine Is Breaking Down‘Last of Us’ Multiplayer Video Game Faces...
(Bloomberg) -- Cathie Wood defended her firm’s decision to bail on Nvidia Corp. before the chipmaker’s shares surged 160%, saying the computer-chip industry’s boom-bust cycle poses risks.
Risk. Isn't she supposed to be paid to read those tea leafs? I guess the better question is why is she still being paid to read the tea leafs?
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Aldarion
Egg Nazi
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NVDA included I assume
From where I'm sitting it sure looks like big tech is giant empty bubble and the entire market is resting on it.
ShakyJake
<Donor>
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Aldarion
Egg Nazi
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I'm glad the market isnt open or SPY would have jumped 2% from your post
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Sanrith Descartes
Veteran of a thousand threadban wars
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It's not that NVDA is a bad company or vaporware, its just caught up in the euphoria. I will be back as a buyer once reversion to the mean kicks in.
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Furry
WoW Office
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Big tech has looked like a bubble about to pop for quite a long time. Not sure I’d be willing to make any rash decisions based on that assessment. Personally, I just try to keep my investments balanced so any one big thing can’t bite me too hard, cause things have gone tits up before, and they will go tits up again. It’s the when part that only Cramer seems to know.
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Big Phoenix
Pronouns: zie/zhem/zer
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Why i cashed out. Nvidia has fantastic margins with a great product atm but a trillion dollars?
Mist
Eeyore Enthusiast
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Tech companies will always be overvalued because they control the message. Them and their friends own all these platforms, and they will always be hyping the next thing. It would take something incredibly severe to change that. No matter how much reputational and monetary damage they inflict on themselves with their bad behavior and dumb ideas, they always seem to come out on top, because they can promote whatever they want.
Short of people just turning all this stuff off, it's just not going to happen. Everyone consumes some kind of content, regardless of whether it's more fringe or more mainstream, but ultimately this handful of people seeds all the discussions. Everyone thinks they're part of some counterculture but it's all flowing downhill from the same river of bullshit.
Short of people just turning all this stuff off, it's just not going to happen. Everyone consumes some kind of content, regardless of whether it's more fringe or more mainstream, but ultimately this handful of people seeds all the discussions. Everyone thinks they're part of some counterculture but it's all flowing downhill from the same river of bullshit.
