EnoraVFX (Efflam Mercier) on Nostr: "Nvidia has now taken Meta's record for the largest one-day fall in market ...
"Nvidia has now taken Meta's record for the largest one-day fall in market capitalization in US history. Its $279 billion drop dwarfs the $232 billion loss Meta suffered in February 2022."
Nvidia became 10x the size it needed to be because of repeatedly betting on empty tech bubbles. The market rewarded that with +500% stock value in 4 years, and now Nvidia is going to lead the next recession. No fundamentals justify MS and NVDA's valuation at the moment.
Good Game, Well Played.
Nvidia became 10x the size it needed to be because of repeatedly betting on empty tech bubbles. The market rewarded that with +500% stock value in 4 years, and now Nvidia is going to lead the next recession. No fundamentals justify MS and NVDA's valuation at the moment.
Good Game, Well Played.