Nvidia's run as world's most valuable company ends after 2 days

[Hanno Labuschagne]

Nvidia's run as world's most valuable company ends after 2 days

Nvidia Corp.’s run as the world’s most valuable company didn’t last long.

Shares of the semiconductor giant have fallen 6.7% in the last two days, erasing over $220 billion (R3.95 trillion) in market capitalisation and dragging the company from its place as the world’s top stock.

[Bloomberg]

 

[Oil]

Nvidia will fall harder than Humpty Dumpty.
There is no way the company has over $2 trillion of real value.

 

[Romeo_RX]

Nvidia will fall harder than Humpty Dumpty.
There is no way the company has over $2 trillion of real value.

You say that because you’re an old fossil who doesn’t understand the potential of AI.

 

[BeerIsNotGood...]

You say that because you’re an old fossil who doesn’t understand the potential of AI.

Kool-aid drinker detected

 

[Romeo_RX]

Kool-aid drinker detected

Tech illiterate detected…

 

[Randomwasavailable]

Nvidia will fall harder than Humpty Dumpty.
There is no way the company has over $2 trillion of real value.

Depends on what's considered value going forward. Sure, the price climbed due to hype, including massive demand. The jury is still out on where this'll land them.

 

[Sodan]

Maybe they should stop actively contributing their tech to genocide. Just a thought, use it, don't use it... ‍*shrug emoji*

ps: apparently the shrug emoji is borked.

 

[DapperDanMan]

Shem ...

 

[Pegging]

Nvidia will fall harder than Humpty Dumpty.
There is no way the company has over $2 trillion of real value.

NVIDIA Revenue 2010-2024 | NVDA

NVIDIA annual/quarterly revenue history and growth rate from 2010 to 2024. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Revenue is the top line item on an income statement from which all costs and expenses...

www.macrotrends.net

Their revenue sure is flying up.
And given their market dominance and lack of competition, it’s sure too keep climbing.

 

[Ninja'd]

Nvidia's run as world's most valuable company ends after 2 days

Nvidia Corp.’s run as the world’s most valuable company didn’t last long.

Shares of the semiconductor giant have fallen 6.7% in the last two days, erasing over $220 billion (R3.95 trillion) in market capitalisation and dragging the company from its place as the world’s top stock.

[Bloomberg]

 

[rambo919]

Tech illiterate detected…

The bubble.... it will burst

 

[longboy]

Well I am glad I liquidated all my NVidia stock 3 days ago!

 

[longboy]

Maybe they should stop actively contributing their tech to genocide. Just a thought, use it, don't use it... ‍*shrug emoji*

ps: apparently the shrug emoji is borked.

Thats like saying ban guns because criminals use them to kill.

 

[Sodan]

That's like saying boycott a certain company because that company cooperatively develops specialised weaponry at the mafia headquarters for the mafia to use on innocent civilians.

FTFY.