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/biz/ - Business & Finance

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57917057 No.57917057 [Reply] [Original]

That was a big steamy dump and I can't find much info about it.

-8.3% (including after market) is no joke for such a big cap.

>> No.57917074

the May earnings report

>> No.57917082

That's what bubbles do, they pop

>> No.57917086

>>57917057
It's up a million percent, not weird that it dumps a bit

>> No.57917226

>>57917057
>Anyone knows why invidia dumped 8.3% yesterday?
Today. It dipped 5.55% today. It went up too high, needs to slow down. That's it.

>> No.57917254
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57917254

>>57917057
I think maybe people realized a company that brings in 100 billion gross revenue a year probably shouldn't be valued in the trillions.

>> No.57917269

>>57917254
Why's that cat on a nazi website

>> No.57917304

>>57917057
welcome to 2024 where even the biggest publicly traded companies in the world trade like shitcoins

>> No.57917472

>>57917057
Retard faggot idiot. It dumped because you bought the news moron. This board is absolutely flooded with newfag idiots asking the dumbest shit

>> No.57917487

>>57917057
Retard faggot idiot. It dumped because you bought the news moron. This board is absolutely flooded with newfag idiots asking the dumbest shit now. Peak bull

>> No.57917512
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57917512

Isn't it strange that BTC and NVDA crashed at the exact same minute?

While both rapidly reaching a level of resistance?

Yes, very strange.

>> No.57917520

Here is a fun fact: NVIDIA’s market cap is larger than the total market cap of the Hong Kong Exchange. It GAINED more in the last three months than Tesla’s entire market cap. If this sounds like a reasonably valued company, I think you better take a big old chunk of those gains now and wash it down with a giant dose of reality. This is completely irrational.

Nvidia is a piece of shit company you idiot, they scam their customers and they dont even have a fab. You bought some AI bullshit bubble asset. ASML is the real deal, they make the machines that TSMC uses to make these turds. And intel is joining the AI game with its own fabs (intel is still trash but nvidia is on another level)

>> No.57917820

>why did the biggest blatant bubble in stocks pop?
Gee I don't know. It's a real headscratcher.

>> No.57917834

>>57917269
the cat's not on the site, it's judging (You) for being on the site, hence not even facing the laptop

>> No.57917887
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57917887

>>57917057
Feed the aeons with your suffering

>> No.57918661
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57918661

>>57917057
Chinks stole the blueprints and are building huawei gpus as we speak

>> No.57918684

>>57917520
TSMC is in taiwan.
AMD and NVDA will beg Intel to build their chips in the US once the chinese invasion starts.

>> No.57918703

>>57917057
have you tried zooming out?

>> No.57918742

>>57917057
im just disappointed i was ~2 weeks early rotating into value and dumping small cap...got a decent amount of cash ready for when it all dumps harder

>> No.57918766

>nvidia down
seriously why not put money in then? feels like a guaranteed easy investment long term

>> No.57918774

>>57917254
b-but my algorithmic intelligence

>> No.57918854
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57918854

>>57917520
>thinking stock value has anything to do with real value
>believing money even has value outside of just what we agree upon

see you from the moon, commie retard

>> No.57919590

>>57917057
The actual correct answer is that nigvidia, like all the stock market now, is completely controlled by the options market, and calls are getting stupidly expensive because the IV is retarded. It's just a bad deal to buy calls, so people are starting to grimace at the premiums.

Also, and maybe of comparable importance, because a fuckton of people were front-running 1K with sell orders at 975 or so. And wow, look where the dump started from.

>> No.57920322

>>57918766
this board is filled with genuine pussies who pull out at -1% dips and scream bobo bobo have mercy