What's new
By:

Stocks, Investing and Retirement Accounts

jmanz said:
Nvidia reports tonight
Click to expand...
Why should this even affect the market, they are a chip maker. That is what I am saying, our entire stock market shouldn't be influenced by one stock. That just shows you how volatile our market is.
 
nodle said:
Why should this even affect the market, they are a chip maker. That is what I am saying, our entire stock market shouldn't be influenced by one stock. That just shows you how volatile our market is.
Click to expand...
AI is a major market mover right now. Nvidia is the 6th biggest stock by market cap in the world. It matters.
 
jmanz said:
It matters.
Click to expand...
It shouldn't matter is what I am saying, there are far more commodities out there than things we need for AI. It just shows you the direction they are pushing everything. The market should be hanging by a thread of what a chip manufacture is going to do, what happened to diversity?
 
nodle said:
It shouldn't matter is what I am saying, there are far more commodities out there than things we need for AI. It just shows you the direction they are pushing everything. The market should be hanging by a thread of what a chip manufacture is going to do, what happened to diversity?
Click to expand...
Well, whether it should or shouldn't matter is irrelevant. It's the current situation we are in.
 
So much for the big gold rush AI boom, that lasted all but one day.

Lies Liar GIF
 
HAHA all of my gains from yesterday have been completely wiped out today lol. It was fun while it lasted.
 
Also, what you are seeing here is a little profit taking before Jackson Hole tomorrow. In case Powell gets frisky. I really don't expect him to say anything too crazy but one can never be sure.
 
It's August-September. Usually the worst months of the year for stocks like I said before. Plus the rate environment.
 
How long to do you see the Ai hype train last? Don't ask me why but after the early excitement is over, I feel like it's going to take a dive.
 
nodle said:
How long to do you see the Ai hype train last? Don't ask me why but after the early excitement is over, I feel like it's going to take a dive.
Click to expand...
The big companies are starting to spend a lot of money on it and their CEO's are all talking about it. Early innings yet it seems like to me.
 
You must log in or register to reply here.
Back
Top