Discussion

• @pkedrosky Paul Kedrosky on threads

  As a related aside, Nvidia's recent peak was the Nvidia GTC conference on March 8th.  I had people live-texting that thing at me, and baffled that I wasn't watching it, as if Jensen Huang was going to Steve Jobs “one more thing” an alien superintelligence back at me.  It was legi…

• @pkedrosky Paul Kedrosky on threads

  From their respective peaks earlier this year, Tesla (-$301b) and Nvidia (-$455b) combined have now shed more than three-quarters of a trillion dollars in market capitalization.  Trillion, as in trillion, the really big number with the zeros.  That's, like, half the Swiss Stock E…

• @lopatto.bsky.social Elizabeth Lopatto on bluesky

  hate to say I told you so all right come on www.theverge.com/24075086/ai- ...  [embedded post]

• @kobeissiletter @kobeissiletter on x

  BREAKING: Nvidia, $NVDA, is now officially in bear market territory, down 20% from its all time high seen just one month ago. The stock has erased a whopping $400 BILLION in market cap since March 8th. Meanwhile, Super Micro Computer, $SMCI, is now down 40% from its recent all...…

• @bindureddy Bindu Reddy on x

  Nvidia falls 10% as Llama-3 hits the market. The algorithms are pretty good when it comes to anticipating the future and trading stock! Why buy GPUs to train LLMs when we already have a couple of world-class open-source LLMs and more coming? 🤷‍♀️🤷‍♀️ [image]

• @paulg Paul Graham on x

  I'm retweeting this not because I believe it (or disbelieve it), but as a data point about the level of confidence within NVIDIA. It could well be justified. I don't know enough to say. But 10 year predictions like this are extremely rare in tech.

• @elonmusk Elon Musk on x

  @zerohedge Rookie numbers

• @fchollet François Chollet on x

  NVDA now has a PE ratio comparable to what it was in November 2022, when it was trading around $150-160 per share.

• @3peakstrading Jason on x

  $NVDA into the selloff seeing large unusual buys now for over 14,000 June $1100 calls at $8.00 to $10 in size lots Things that make you go hmmmm

• @tunguz Bojan Tunguz on x

  OK, now that I'm out, I can finally say this publicly: LOL, no, sorry, you are not catching up to NVIDIA any time this decade.

• @abacaj Anton on x

  AI bubble bursting? [image]

• @gunjanjs Gunjan Banerji on x

  Worst day for Nvidia since **March 2020** —down 10%

• @davidsettle42 @davidsettle42 on x

  How can $NVDA be in a bear market when it's still WAY above is 200-day SMA (1st chart) and how can it be changing its trend when it hasn't passed below the 38% retracement of its last intermediate leg higher (2nd chart)? Some pullbacks are just bigger than others because the... […

• @kobeissiletter @kobeissiletter on x

  For the first time in months, Nvidia is now worth LESS than $2 trillion. As we kick of Q1 2024 earnings season, many of the large cap tech stocks have lost their momentum. This market needs tech to thrive. Follow us @KobeissiLetter for real time analysis as this develops.

• @jessecoheninv Jesse Cohen on x

  $NVDA ends the day down -10%, losing $213 billion in market value. Shares are now 22% away from their all-time high, technically meeting the definition of a bear market Has the AI bubble burst? [image]

• @gurgavin @gurgavin on x

  NVIDIA STOCK HAD ITS WORST DAY SINCE THE COVID CRASH IN MARCH 2020 $NVDA [image]

• @rahll Reid Southen on x

  About that AI bubble. [image]

• @followtheh Tom Hearden on x

  the most important name in the market is -10% without stock specific news

• @stocktonkatie @stocktonkatie on x

  Sharing $NVDA support levels after today's humbling and disconcerting 10.0% decline...the 50-day MA was penetrated, putting next support at February's gap and a Fibonacci retracement level in the $742-$752 area...if this support zone is taken out, a secondary Fibonacci level near…