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[–] 24 points 15 hours ago (6 children)

So this is what moves stock prices? Not circular financing or warehoused GPUs?

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  • [–] 11 points 15 hours ago (1 child)

    Idiocracy timeline confirmed lol

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  • [–] 2 points 12 hours ago

    cyberpunk idiocracy with some hitler and stalin and late roman empire shit thrown in there.

    We would be lucky to end up like idiocracy, their leaders were good hearted, ours are pieces of fucking shit. Theirs didn't know better, ours often do. No reason will win them over, unless that reason is they will face accountability.

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  • [–] 5 points 13 hours ago (2 children)

    Because investors know with the Democratic house, Huang is about to get a colonoscopy on NVidia's exports.

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  • [–] 4 points 12 hours ago (1 child)

    Well, I think that is a little overblown. The democrats might make a stink, but they will DO nothing other than a referral to main justice, and we all know how that will turn out, worst case they pay a fine and don't admit fault.

    The stormclouds are on the horizon for other reasons for these incestuous charlatains selling this perhaps the biggest ever scam of overhyping something already though. So this just adds to the down pressure.

    That said, nvidia is so far overpriced it defies comprehension. 2.5 trillion or whatever is so much more than they are actually worth it is astounding.

    Their P/E ratio of 27/1, from a 10 year average of 50, is above the 13 or so that is/was considered a key to the intrinsic value, sector depending.

    But earnings can be a squishy measure, especially with how these tech douche lords are running this AI thing.

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  • [–] 12 points 15 hours ago

    Nvidia shares plunge as US tech giant investigates CEO Stupid Jacket's affair with suspected Chinese spy

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  • [–] 3 points 13 hours ago* (last edited 12 hours ago) (3 children)

    No they aren’t.

    It’s been slipping for over a week. Today’s has been up and down but it’s not tanking.

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