- Nvidia CEO Jensen Huang admits to infidelity in memo to employees
Jensen Huang, the leather-jacketed face of the AI boom, has sent his employees a very different kind of company memo. The Nvidia CEO told staff he was unfaithful to his wife and said he would work...
4,790 points1,081 comments3 d ago
- Anybody buying the dip
All major AI stocks are down 10% or more over the belief that Democrats are going to want to clamp down on the very thing that's keeping economic growth going in the country. I'm looking at...
2,392 points2,944 comments6 d ago
- AI selloff escalates: Nasdaq 100 plummets 5.7%, Nasdaq tumbles 5%, S&P 500 falls 3.5%, and the Dow reverses earlier gains
The Nasdaq Composite plummeted on Thursday, erasing the sharp gains from the previous session, as investors continued to rotate away from technology stocks and into more defensive areas of the...
1,899 points882 comments6 d ago
- Dear Reddit - The stock market isn't broken
I began trading in 1999, just before things got ugly. I was young and was told to invest using a Roth IRA so I started to put money into the S&P500. I practiced disciplined DCA. And watched my...
1,520 points360 comments6 d ago
- Anthropic may need to delay its IPO, major investors speculate. Valuation drops closer to the one trillion mark.
WSJ Major investors are increasingly skeptical Anthropic's blockbuster initial public offering can proceed at the expected valuation of $1.5 trillion after a deep market selloff tied to the...
1,075 points290 comments6 d ago
- Everyone is talking about AI, but EVERYTHING is over the cliff today. What's going on?
I'm not sure what to make of this situation to be honest. Every single sector that I keep an eye on. Automotive (mostly EV), New Energy, Semiconductors, IT, Software, Banking, and on and on and on...
1,071 points1,244 comments6 d ago
- V shaped recovery incoming within 30 days.
Why? Because the market is running crazy leverage up and down. Algos are pushing high beta stocks deeper and deeper until significant buys are triggered which in turn create upward algo momentum....
825 points377 comments6 d ago
- Nvidia Shares Fall 5% on CEO Spy Inquiry
Nvidia shares fell 5% in overnight and premarket trading, tumbling to around $177.31 as investors reacted CEO Jensen Huang affair revelations the board has launched an independent investigation....
665 points196 comments3 d ago
- Chip stocks get slaughtered as Wall Street heads for its worst post-midterm day since 1896
We are making history bois! "Wall Street's midterm celebration lasted one day. Chip stocks are getting taken to the woodshed Thursday, and the Dow Jones Industrial Average (\^DJI) is heading for...
632 points212 comments6 d ago
- Microsoft Corp. is winding down an arrangement to rent AI computing from Oracle.
Microsoft Corp. is winding down an arrangement to rent AI computing from Oracle Corp., part of a larger reassessment of billions of dollars in cloud partnerships. In recent months, Microsoft has...
492 points97 comments5 d ago