• aburrito@sh.itjust.works
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    4 hours ago

    I loathe living in the era of the Business Idiot

    Like in this case it’s hilarious, but these absolute morons that have all the money pisses me off so goddamn much

    • WolfLink@sh.itjust.works
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      4 hours ago

      Honestly now’s probably a good time to buy because after the current drama blows over they are still going to be the ones selling the shovels in the AI gold rush and will still be valuable

      • HobbitFoot @thelemmy.club
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        18 minutes ago

        The problem is that the AI boom is currently highly leveraged and any risk to liquidity can cause the boom to fade. The drop of Nvidia stock could be enough to tighten the market.

      • Goodeye8@piefed.social
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        3 hours ago

        Nvidia is the Cisco systems of the AI bubble. Cisco was the center of the dot com bubble, they were the ones selling the shovels during that bubble. When the bubble burst Cisco stock took a nosedive and didn’t return to its dot com peak evaluation until the current bubble.

        Do not buy Nvidia stock unless you sell it tomorrow. Buying Nvidia stock right now is too high risk for way too little gain.