General Can someone explain this to me like I'm an idiot

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sparkuri

sparkuri

Pulse on the finger of The Cimmunity
First 100
Jan 16, 2015
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^^^This is only 20 minutes btw, with some good basics.
The part that stuck out to me was "Nvidia's valuation of 3.5 TRILLION vs. the ENTIRE stock market capitalization of France and Germany COMBINED."
 
IschKabibble

IschKabibble

zero
First 100
Jan 15, 2015
17,663
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How ironic is it that the American tech companies suddenly want to champion data privacy for American citizens?
 
IschKabibble

IschKabibble

zero
First 100
Jan 15, 2015
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sparkuri said:
Yep, and gonna have a rough second half of the week.
Click to expand...
I wish I had some spare cash and the balls to trade options. This clown cycle is getting too predictable. I assumed today would be up, although it's kinda dumb to claim after it already happened.
 
sparkuri

sparkuri

Pulse on the finger of The Cimmunity
First 100
Jan 16, 2015
38,974
51,351
IschKabibble said:
I wish I had some spare cash and the balls to trade options. This clown cycle is getting too predictable. I assumed today would be up, although it's kinda dumb to claim after it already happened.
Click to expand...
Not really as you say, so predictable.
Monday crash, Tuesday prop, Wednesday maybe up 100, Thursday maybe start up then end up down, Friday down more to erase any gains.
Then the confirmation picks by weekend, then Monday punishment for voting for truth tellers?
Lll
 
IschKabibble

IschKabibble

zero
First 100
Jan 15, 2015
17,663
24,013
sparkuri said:
Not really as you say, so predictable.
Monday crash, Tuesday prop, Wednesday maybe up 100, Thursday maybe start up then end up down, Friday down more to erase any gains.
Then the confirmation picks by weekend, then Monday punishment for voting for truth tellers?
Lll
Click to expand...
I meant today's bounceback. Monday was obviously going to be bloody. As far as today, I'm not so sure of the cause, but I suspect protective measures automatically kick in to prevent a panic selloff.

 
kvr28

kvr28

I am the Greengo
Nov 22, 2015
11,474
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I remember when nvidia was considered a meme stock along with GME and AMC, they have had a hell of a run since then
 
L

luchalibre

Totally not a fed
Aug 13, 2024
802
1,521
kvr28 said:
Because I am, why the fuck is a chinese AI program causing the stock market to be down so much premarket. Has AI really become that so ingrained in our world that it has that kind of impact.


Nasdaq futures plunged on Monday to lead a stock rout on Wall Street as a Chinese startup rattled faith in US leadership and profitability in AI, hitting Nvidia (NVDA) and other Big Tech stocks.

Contracts on the tech-heavy Nasdaq 100 (NQ=F) sank 4.3%, while S&P 500 futures (ES=F) tumbled 2.4%. Dow Jones Industrial Average futures (YM=F) fell 0.9%, or about 380 points, on the heels of a winning week for the major gauges.


Markets have been rattled by claims by China's DeepSeek that its AI assistant uses cheaper chips and less data than leading models, but performs equally well. A surge in DeepSeek's popularity has spurred a scramble by investors to reassess bets that AI demand-driven growth will keep fueling gains for stocks.

AI bellwether Nvidia's shares tumbled over 11% in pre-market trading, as chip-related names took a bruising. ASML lost 9%, while Arm (ARM), Broadcom (AVGO), and Micron Technology (MU) also got hammered.

Shares of Meta (META) and Microsoft (MSFT) both slid about 6% amid worries about megacaps' hefty investment in AI. Tesla (TSLA) and Amazon (AMZN) also lost ground as techs sold off across the board.



Click to expand...

You have to understand the technology. They record rhythm of keystrokes and many other nefarious things. You can fingerprint an individual based on this information, meaning you can identify a single person regardless of the phone, system, etc they use. This can be used for adtec, fintec, even national security. It also proves China can circumvent the sanctions Biden had on them for chips, they had what, 10k Nvidia chips?
 
kvr28

kvr28

I am the Greengo
Nov 22, 2015
11,474
17,171
luchalibre said:
You have to understand the technology. They record rhythm of keystrokes and many other nefarious things. You can fingerprint an individual based on this information, meaning you can identify a single person regardless of the phone, system, etc they use. This can be used for adtec, fintec, even national security. It also proves China can circumvent the sanctions Biden had on them for chips, they had what, 10k Nvidia chips?
Click to expand...
That is totally what a fed would say
 
sparkuri

sparkuri

Pulse on the finger of The Cimmunity
First 100
Jan 16, 2015
38,974
51,351
IschKabibble said:
I meant today's bounceback. Monday was obviously going to be bloody. As far as today, I'm not so sure of the cause, but I suspect protective measures automatically kick in to prevent a panic selloff.

Click to expand...
I see what happened.
My punctuation sucked.
Let me try again.

Not really.
As you say, "so predictable".
Monday crash, Tuesday prop, Wednesday maybe up 100, Thursday maybe start up then end up down, Friday down more to erase any gains.
Then the confirmation picks by weekend, then Monday punishment for voting for truth tellers?


See, we agree!
And look at today!

Screenshot_20250129_134510.jpg

So predictable.

We should start a fund & bet options.
 
sparkuri

sparkuri

Pulse on the finger of The Cimmunity
First 100
Jan 16, 2015
38,974
51,351
Here we go...




grok 30% off.png

30% off X business.
Grok-based intel business....
 
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