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.
Published at
2024-09-09 06:21:30Event JSON
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