have you sold your stock yet? or you waiting till it hits zero? i hope every day the entire stock market and all the exchanges go completely broke along with what we call the american government. that's the plan of us radical right wingers who are the majority public btw. we understand that ignorant investors are all locked permanently long the market.
Nvidia is only trading at a PE of 35 after falling as much as it has. Still significantly above market average. Who could have seen it coming? Buying a giant, mature company at a PE of 100 is just hoping for a greater fool. https://www.gurufocus.com/stock/NVDA/data/pe-ratio It was obvious that some catalyst would incite a drop in their stock price. From a PE of 100, how much would their earnings have needed to increase to show better PE than a 1 month t bill? ( Hint: Basically they would have needed to monopolize the whole semiconductor industry.)
The issue with Jensen Huang and the like is that they are exploiting a form of intellectual arbitrage that others were not given the opportunity to explore. He is exactly what DEI helps prevent resulting in a more even playing field. Follow the science and changes in climate and fat people dancing/singing in pharma commercials.
That, I do agree with that. I deal with many export business in China so I think I have some understanding of China's business enviroment. China will suffer shortterm, but they can get over the hardship in this period because they are wired to do that. But US people are going to get hit so badly. The current financial problem of US just can't effort an longterm trade war with China. They must make a deal someway. All in all, China is so prepare to for this war. You can't bully China into an unfair deal
I thought that this stuff was in high demand and people were waiting in line to buy it. Won’t the lost sales to china just roll to the next customer in line? Then after trump changes his mind China will buy them at a later date?
The only reason they produce cars and EV cars so cheap is because they can not pass the crash test which American and European counterparts are exposed to China does not have crash test implementation. That is why cars are light and not strong
You really should go visit the BYD and other Chinese car dealerships which are found all over Europe before you claim this. Obviously these vehicles meet European standards which generally more stringent than American safety standards. The reason Chinese EVs are not found in the U.S. is because American auto companies have deliberately lobbied D.C. politicians for rules that exclude them.