Thread 520601721

$730 BILLION has been wiped out from the U.S. stock market today.

>>520601721 (OP)
Reason?

>>520601721 (OP)
So the money never existed in the first place?

>>520601878
Sorry, the *wealth never existed in the first place.

>>520601811
The fake and gay facade is crumbling

>>520601721 (OP)
Look at Apple, weathering it like a champ

>>520601811
kikes pulling out
Mamdami was a great success
All the world a stage

>>520601721 (OP)
more
faster
harder

>>520601914
I really hope this is the case but I just can't quite let myself be that optimistic yet.

>>520601721 (OP)
Good. Most of those companies are propped up and have no products/services and also suck fiscally.

>>520601721 (OP)
Meanwhile, Michael Burry of Big Short fame is shorting over $1B worth of NVDA and PLTR.

>>520602059
Something happened to me last night or today and I can see the tides are turning. The meme war isnt over we must keep pushing

>>520601908
Correct.

If one million people buy a share for $1 and then one person buys a share for a million dollars the company is "worth" a trillion dollars.

>>520601721 (OP)
That is nothing.

>>520601721 (OP)
Cocktober surprised

>>520601933
Apple is literally the only company in Big 7 that has actual products that are semidecent.

>>520601721 (OP)
> 6 GORILLIONS WIPED OUT
Fake and gay

>>520603460
Nvdia is literally almost everywhere.

>>520603751
Nvidia is literally the biggest stock bubble in history. GPUs are fucking useless. After it crashes no one will need or want them. Apple products always hold value and have INFINITELY more usages and functions. Nvidia DOESN'T EVEN FUCKING MAKE THE GPUS, THEY JUST DESIGN THEM, TSMC MAKES IT ALL. Mutts are literal retards.

>>520601721 (OP)
So, like, 0.2% or something?

>>520601811
Trump is a Jewish pedo

>>520601721 (OP)
Who did TACO threaten to tariff this time?

>>520601721 (OP)
I lost bigly gambling in the stock market casino in 2008, never touched it since.

https://youtube.com/watch?v=61Q6wWu5ziY

https://youtube.com/watch?v=61Q6wWu5ziY

https://youtube.com/watch?v=61Q6wWu5ziY

>>520601878
> So the money never existed in the first place?

>>520601721 (OP)
>stocks down
>crypto down
>gold and silver down
>real estate down
make it make sense

>shit that never existed got wiped out again
so nothings changed

>>520605076
>make it make sense

Its called a "debt exhaustion depression".

>>520603927
>GPUs are fucking useless
kek
lol
lmao even
>TSMC MAKES IT ALL
TSMC couldn't write firmware and drivers for GPUs if they tried
You try to schedule reads and writes off something thousands of times more computationally capable than a CPU, and let me know how it goes for you

You have the most retarded opinion of all time, the shallowest understanding of this company you're bashing, and the gall to call me a mutt retard
The trifecta of stupidity
Consider removing yourself from the gene pool
Do it for the children that you shouldn't have

>>520601811
over inflated stocks that were not worth the price they sold for

>>520601721 (OP)
It never existed in the first place, it's just all made-up numbers anyway.

>>520603927
>After it crashes no one will need or want them.
I want a RTX Pro 6000 for Microsoft Flight Simulator in VR.

>>520601721 (OP)
That's Vegas baby.

>>520605076
I bought my first house in March and the estimated value has gone down every month since. I don't care though, I have a shop to fuck around in so I'm happy.

>>520605076
>>520605124
Bullets and vehicles and food is still the best currency and likely always will be
Everything else is speculative at best

If I can’t physically hold it then I do not want it
Digital speculative investments are fucking retarded and everyone deserves to lose their portfolio

>>520605076
Perhaps the value of the US dollar has gone up?
(probably not)

>>520601721 (OP)
Somehow this is my fault

>>520601721 (OP)
MIGA

>>520601721 (OP)
Does this mean that goods will become cheaper?

i hope USD tanks next

>>520601721 (OP)
Who the hell cares

>buy cheapies
In what netflix? Facebook? Google? Microsoft?

>>520601721 (OP)
Weird way to say cashed out.

>>520601811
When I saw it today I thought it was another gayass TACO market manipulation scam, but that doesn’t seem to be the case this time.

collapse when?

>>520606146
>Less than 1% drop
>STOCK MARKET CRASHES
I hate today’s faggoty and overdramatic news reporting.

>>520606146
>why are dow…
Every dingke articld has a grammatical error whst thd fuck happened? Did all the dmsrt people drink the koolaid?

>>520601811
Yahoo says because of AI valuation fears.
Which means investors are thinking that AI is a flop and they're pulling out.

>>520601811
De-dollarization is setting in, and things are looking uncertain for the US. This is only an initial scare though, the real crisis is still a couple years away - they're gonna try to delay it as much as possible.

>>520605524
something that decomposes makes for a shit currency
which is why we always land on gold
>>520605802
of course not
>>520605978
Big winner today was YUM! Brands, restaurant conglomerate

>>520606939
Damn, big if true but I don't believe the AI bubble is gonna pop that soon, seeing as the big money just recently started to pour in. Probably best if the market does pull out of AI sooner rather than later either way.

>>520608006
It's pretty obvious at this point that none of the big tech companies are going to make AGI which can replace workers meaningfully any time soon. There's no use case for the LLMs and video gen stuff except as novelties or unimportant work like SEO spam.

I lost 0.34% today. Typical day. OP is a faggot, like always.

>>520605076
>we enetered q3 of fiscal year which always has dips to take losses and take deductions on taxes.
>we are going into the 2nd year of presidential office. so the inflation caused by PACs to keep the propaganda machine going is slowing down
>US just printed another 1.2 trillion dollars
>government shut down

>>520601811
Real reason: three consecutive gaps up the past three days, stocks were overbought

>>520605124
pretty much this.
these dips are just the pullback before shit goes to the moon.
every singel stock and crypto investment has been mooning to ungodly levels for the past 4-5 years.
it wont matter though becuase the dollar will end up being devalued to every other fiat like the yen yuan and ruble.

>>520605815
everything going down is a sign of the dollar being devalued in relativistic terms.
you can either devalue the dollar or inflate all other measures like stock, crypto and minerals.

>>520605507
Resale value only matters if niggers move in next door.
>>520608953
When do we start buying senpai?

>>520608953
correction we entered q4

>>520609529
im no senpai
but i'd speculate you buy right before election season.


who knows this could be more market manipulation on shorting

>>520601721 (OP)
>>520594276

keynesians deserve the rope
keep stacking
fuck the (((FED)))

>>520609324
(((fiat))) as a whole
>>520601893
banks WILL rug the end user sooner or later
usury is kikery

>>520601721 (OP)
>oh no won’t someone think of the boomers and jews

No. Accelerate.

>>520609203
> the dollar will end up being devalued to every other fiat like the yen yuan and ruble.

Those currencies at least have real economies that make real shit behind them.

>>520610635
US makes oil and natural gas.
but the world no longer needs to buy oil in us dollars.
we grow corn, onions beans, and wheat.
we also produce beef
i don't think theres any "made in usa" tech.
but most of the shit we produce is debt from loans. betting on futures and other derivatives.

>>520601721 (OP)
simple correction

>>520611307
these things happen

>>520601721 (OP)
anon people take profit and great minds think alike aka insider trading.
But in reality the market corrects itself with the invisible hand of the market.
So it's probably people and firms decided
>we went on tear didn't we chaim?
>yeah let's take some profit and buy back in on e it's undervalued

>>520611215
>we also produce beef
lol, most of your beef is from Panama and up to the border and resold as US-grown

>>520601811
ai failed to predict that ai is a scam

>>520601721 (OP)
It never existed subhuman. It never could have been realized.
Don't ever talk about economics or business. Your little ape brain cannot comprehend what an "accounting loss" from a "real loss" means.

>>520611627
is it slaughtered in panama?

>>520612231
shalom

>>520605215
TSMC does the hard part. GPUs are the easy part. GPUs aren't faster than CPUs, they are different altogether, GPUs can only do a lot of shitty basic calculations in a short time. It's like saying apples are better than oranges. Outside of the AI bubble (and even inside it - there are 10s of manufacturers of TPUs and other hardware which will have a much better bang for your buck) GPUs are useless. Especially the 20k$ ones used for AI. Those can't be used for anything other than AI.

>>520605215
>thousands of times more computationally capable than a CPU
kek, boomer computing. your precious gpu has been rendered absolutely obsolete with the advances in generative ai. imagine thinking parallel is in anyway comparable to serial lmfao. invest in IBM and anything associated, in this case Broadcom since they make cpu semiconductors for mainframes. full circle boomer, back to assembly faggot, hope all your equity isnt in crypto (which are currently being decrypted en masse by 256 cores hahaha).
>reddit space
>faggotry blah blah blah bet ur monitor is curved like ur cock
get pwned boomer, invest in cloud asif storage tech hasnt been intentionally cucked too lmfao

>>520601721 (OP)
but the companies are functioning just as they were the day before

>>520605215
By the way, YES you are retarded. Without TSMC Nvidia wouldn't have a single shit to sell. You do realize that hardware is the most advanced and important thing. Software is worthless if you have nothing to run it on. And their firmware and drivers suck ass too. I used to write firmware for a living btw. Nvidia is absolutely the biggest bubble in the history of finance, but you don't have to listen to me. Keep your jewpaper stocks and kill yourself once they lose 90% of value overnight. You won't be bailed out this time retard.

>>520601811
Jews have excess cash and wanted to buy at a discount.

>>520601721 (OP)
So where did it so go? Into someone's pockets? Into other stocks?

No, it was all in the ether and is made up anyways so really there was no loss whatsoever.

>>520601721 (OP)
>$730 BILLION has been wiped out from the U.S. stock market today.

S&P down 1%. Dow down 0.5%.

Give me a fucking break dude.

>>520613798
>So where did it so go? Into someone's pockets?

If it left the S&P or the Dow then it was either cashed out into US dollars or invested into a foreign market or some other asset.