Monday, January 27, 2025

Nvidia loses $589 billion in a day

Predicting the market's hard, beating it impossible

The Number One business in America used to be Apple Corporation, the iPhone, iPad, iTamp slave factory owner, but it was shoved out of the way by the computer chip company Nvidia. That is until yesterday, when China released DeepSeek, a very cheap A.I. search function. That release by the CCP crashed Nvidia, taking it down the farthest a company has ever fallen financially since the last time Nvidia fell (about $250 billion that time). That's what Wall Street calls volatility. To invest or not invest? Hotshots have the most exposure to upswing, but the down draft burns them up when they crash. At least Apple is stable, however irresponsible or amoral the corporation may be. What's GM up to? What about other war stocks? Big Pharma? There's another "flu" on the horizon, and if we call it a "Covid," that means big money for companies already making big money on new allopathic drugs like esketamine ("Spravato"). Caveat emptor.

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