Nvda and law of large numbers

S2007S said:
AI startup Cognition Labs, founded in November, seeks $2 billion valuation amid investor frenzy, warnings of a bubble
BYSTEVE MOLLMAN
March 31, 2024 at 7:17 PM EDT
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You been around long enough to remember CMGI?

From 95' to 2000' they had (I forget the actual numbers)... but it was like 200% compounded per year on their stock performance. They were "building the internet."

Hold on...
 
Gotta love The Wayback Machine :D

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Nvda adding another 72++ billion in market cap in only 1 hr since overnight trading has begun....


72+ billion in 1 single hr !!

Which is an entire shopify!!!



It has added nearly 3/4 of a trillion dollars in market capitalization in a month...
 
People buying it on that 10 for 1 split.

I guess everyone is anticipating another $1000 point move after the split which would value nvda at $24 + trillion dollars or just about 84% of the gdp of the US....
 
S2007S said:
People buying it on that 10 for 1 split.

I guess everyone is anticipating another $1000 point move after the split which would value nvda at $24 + trillion dollars or just about 84% of the gdp of the US....
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:D... better btfd then. "Own it, don't trade it." :rolleyes:
 
Update......

$100,000,000,000 in market cap added in less than 2 hrs

An entire BP ....with 87,000 employees and over 7000 BP gas stations. !!!
 
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