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technocrit@lemmy.dbzer0.com to Fuck AI · 3 days ago

Nvidia Stock Trades Below S&P 500 Valuation for First Time in 13 Years

www.tradingview.com

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Nvidia Stock Trades Below S&P 500 Valuation for First Time in 13 Years

www.tradingview.com

technocrit@lemmy.dbzer0.com to Fuck AI · 3 days ago
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Nvidia NASDAQ:NVDA shares finished Thursday at their weakest level since mid-December, with the stock trading below the S&P 500's valuation multiple for the first time in more than a decade.The chipmaker's forward price-to-earnings ratio stood at about 19.8, compared with 20.3 for the broader index…
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  • Lemmyng
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    3 days ago

  • Coyote@piefed.ca
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    3 days ago

    Good. Fuck 'em.

  • queermunist she/her@lemmy.ml
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    3 days ago

    Helium is an essential resource for chip production, and Qatar accounts for something like a third of the world’s helium.

    That helium is now stuck in the Strait.

    • Lost_My_MindM
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      3 days ago

      …and the store down the street is just giving it away for free with purchase of a balloon??? Damn. And despite misconceptions, it doesn’t get you high. It only gets balloons high. When I take it, it only makes me talk like jay leno. I mean, in voice pitch. It doesn’t make you say douchebag things.

      • Tar_Alcaran@sh.itjust.works
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        2 days ago

        Balloon-helium is far too impure for most industrial or scientific use.

        • Lost_My_MindM
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          1 day ago

          TIL not all helium is the same.

  • Mwa@thelemmy.club
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    3 days ago

    Good.
    But if they ever went bankrupt, I hope they release the source code for drivers.

    • Sisyphe
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      1 day ago

      They’re nowhere near bankruptcy. They’re raking in big cash, but the stock is still severely overvalued. NVDA can go way down with ni significant consequences for anyone other than speculative “investors”.

      • Mwa@thelemmy.club
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        1 day ago

        I know, that’s why i wrote just incase.

      • hitmyspot@aussie.zone
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        1 day ago

        Are they raking in cash or promises of cash from companies with no income stream?

    • eleijeep@piefed.social
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      2 days ago

      Too late, it’s just LLM prompts now.

    • Baggie@lemmy.zip
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      3 days ago

      Oh bro, you know they won’t.

      • Mwa@thelemmy.club
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        2 days ago

        Yeah… :(

    • JimFox@lemmy.zip
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      Fuck the drivers too! Burn down the whole frickin’ company…

      • felykiosa@sh.itjust.works
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        If they fail it s not just Nvidia but the whole american tech industrie thzt will burst :) it would be cool

        • Mwa@thelemmy.club
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          2 days ago

          well atleast the AI bubble bursted right??

        • Nalivai
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          2 days ago

          Lives of hundreds of millions of people all around the world would suffer, often permanently. It would be the opposite of cool

          • Jumi
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            1 day ago

            You can’t make an omelet without breaking a few eggs

            • Nalivai
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              20 hours ago

              You don’t make an omelet by burning down the chicken coup, even though technically both errands involve eggs and fire.

  • foodandart@lemmy.zip
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    3 days ago

    Ohhh yeah. Trump can only game the markets for so long before the shit hits it.

  • TropicalDingdong
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    3 days ago

  • TastehWaffleZ
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    https://media0.giphy.com/media/v1.Y2lkPTZjMDliOTUydmY1OTY0N29sZHJ0cjdoazQ0YWc0ZzkxcDkwMzRidmp1NXNhb3oyeCZlcD12MV9pbnRlcm5hbF9naWZfYnlfaWQmY3Q9Zw/5mBE2MiMVFITS/giphy.gif

    • eleijeep@piefed.social
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      2 days ago

      PtYZqRs8FbjqPP9.gif

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