I noticed there was a huge spike volatility and a big push down that seemed out of character for that time of day (6.20 - 6.21am AEST). Was there an announcement or something I missed? *For some reason I cant attach a screenshot of the chart
Earning reports. Biggest companies are failing to meet expectations. https://finance.yahoo.com/news/live...es-a-hit-after-earnings-report-232614372.html
Not every random gyration in the market can be explained/predicted logically. Sometimes you have to take a slightly wider generalized, vague, view of movement. But yeah, Nvidia's earnings report today certainly skewed things a bit.
Considering nvda missed the highest of highest expectations and the fact its up nearly 100% in 4 months raises a bit of questioning...
You would think, but they will keep the plates spinning for a while longer I suspect. You got guys like Musk who wants the highest scores on every stupid benchmark. Even if it is only 0.1% better than the other models, they will still all try and out do each other with the size of their training clusters. So they can claim the top spot for best AI model.
Isn't there going to be a point where the amount of training in an ai algorithm is exhausted??? Or is there no peak to an ai training algorithm??? These companies spending trillions and trillions to play in the ai race, it better pay off because it seems not many have found any lucrative way to monetize the meaning behind the gargantuan spending they are doing...