Who knows how true this is, but I'm sure the employees at nvda are making it rain with all the free money they have been earning as nvda stock has gone completely parabolic in the last 5 years. Hope some have saved some for a rainy day because these fancy times don't last forever... All those dot com stock holders lost everything once the market collapsed. Of course no one has any thought of the possibility of this happening ....but it will eventually as no stock stays perfect forever. Google, Meta workers envy Nvidia staffers’ fat paychecks: ‘Bought a 100K car … all cash’ https://nypost.com/2024/08/27/business/google-meta-employees-envy-nvidia-workers-fat-paychecks/
All those people who are living they better enjoy it because they'll die All those people trading options they better enjoy it because they'll eventually blow up see where I'm going with this. The hooker thinks she's making a good decision . No one knows anything and they don't respect anyone who does
Bitcoin has stalled and dropped.It has correlation to NVDA stock. My prediction is that NVDA results will be good but fear of getting close to the stellar results will make it drop below $100 by Friday. Note: If you don't know me, I am the guy whose predictions are always correct 50% of the time.
As always, when you actually know what is happening everything starts to make sense https://nypost.com/2024/08/26/busin...-because-of-ai-chip-giants-lavish-pay-report/
Why cash? Is this breaking bad where they come at the autodealer with the cash in blue plastic barrels?