NASDAQ hasn't been this low since 2 weeks ago!
That's what people are grousing about.
I wouldn't use it for investment decisions, however.
All we know is that over time retail investors tend to underperform the markets, but that's true of sophisticated institutional investors too.
Plus: in 2022 when we had a bear year retail was the one buying the dips according to the news.
a) it's $800B
b) this is the largest such selloff since April
What actually happened is that market cap declined by that amount, where market cap of course is just latest share price multiplied by shares outstanding.
Nobody should be surprised or care that this number fluctuates, which is why certain people try really hard to make it seem more interesting than it really is. Otherwise they'd be out of a job.
There is really nothing dumber than finance news.
We will never see another 1929 crash in which rich people had to sell off their cars.
Do you have this data out to 2025?
Sure, Trump wants to add Canada to his kingdom, but unless something wild happened while I was out shopping, still a different country.
Reminds me of Enron, really.
After spring 2023, Nvidia stock seems to follow a pattern. It has a run-up prior to earnings, it beats the forecast, with the future forecast replaced with an even more amazing forecast, and then the stock goes down for a bit. It also has runs - it went up in the first half of 2024, as well as from April to now.
Who knows how much longer it can go on, but I remember 1999 and things were crazier then. In some ways things were crazier three years ago with FAANG salaries etc. There is a lot of capital spending, the question is are these LLMs with some tweaking worth the capital spending, and it's too early to tell that fully. Of course a big theoretical breakthrough like the utility of deep learning, or transformers or the like would help, but those only come along every few years (if at all).