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   Thomas Fricke (he/him) (thomasfricke@23.social)'s status on Tuesday, 28-Jan-2025 03:10:56 JST Thomas Fricke (he/him)

   in reply to

   • Gerry McGovern

   @gerrymcgovern

   "#Nvidia’s more than $500 billion market cap loss Monday is larger than the individual market values of all but 13 American companies, more than the market cap of titans like health insurer UnitedHealth, oil giant Exxon Mobil and retailer Costco."

   https://www.forbes.com/sites/dereksaul/2025/01/27/biggest-market-loss-in-history-nvidia-stock-plunges-15-as-deepseek-shakes-ai-darling/

   I hope, this is only the beginning of the #AI dusk

   • Embed this notice
     Gerry McGovern (gerrymcgovern@mastodon.green)'s status on Tuesday, 28-Jan-2025 03:10:57 JST Gerry McGovern

     “Nvidia could soon take a serious hit, too”

     The market can remain irrational longer than you can remain solvent, but today might be the day.

     This morning, Nvidia is down more than 10% in pretrading.

     https://garymarcus.substack.com/p/nvidia-could-soon-take-a-serious

     alcinnz repeated this.