lemmy.keniir.wtf
  • Communities
  • Create Post
  • Create Community
  • heart
    Support Lemmy
  • search
    Search
  • Login
  • Sign Up
alessandro@lemmy.ca to PC Gaming@lemmy.caEnglish · 1 day ago

Nvidia, Micron, and other AI stocks take a dive after elections

www.pcgamer.com

external-link
message-square
16
fedilink
254
external-link

Nvidia, Micron, and other AI stocks take a dive after elections

www.pcgamer.com

alessandro@lemmy.ca to PC Gaming@lemmy.caEnglish · 1 day ago
message-square
16
fedilink
No loud popping sounds yet, but an AI market correction appears to be underway.
alert-triangle
You must log in or register to comment.
  • Aceticon@lemmy.dbzer0.com
    link
    fedilink
    English
    arrow-up
    4
    ·
    11 hours ago

    Once the last one or two years of stock price rises get wiped, that’s when the fireworks really start.

  • ZILtoid1991@lemmy.world
    link
    fedilink
    English
    arrow-up
    4
    ·
    12 hours ago

    Good!

  • iamthetot@piefed.ca
    link
    fedilink
    English
    arrow-up
    30
    arrow-down
    1
    ·
    20 hours ago

    Sandisk (SNDK) is down 42% past 6 months, however year over year they’re still up 272%, and past 5 years they are up 2,200%. So, like, to give it some perspective, they have plenty far to fall still.

    • Aceticon@lemmy.dbzer0.com
      link
      fedilink
      English
      arrow-up
      5
      ·
      11 hours ago

      Yeah, we’re not yet anywhere close to wiping out the AI bubble price rises.

    • pet the cat, walk the dog@lemmy.world
      link
      fedilink
      English
      arrow-up
      1
      ·
      11 hours ago

      So in about eight months they should be back to where they were five years ago. Is that plenty far?

  • ieightpi@lemmy.world
    link
    fedilink
    English
    arrow-up
    63
    ·
    1 day ago

    Not surprising. Investors know that Dems will plan to regulate these greedy fucks

    • Paddzr@lemmy.world
      link
      fedilink
      English
      arrow-up
      41
      arrow-down
      1
      ·
      23 hours ago

      Historically soeaking… they never do much. I hope they prove us wrong!

      • ieightpi@lemmy.world
        link
        fedilink
        English
        arrow-up
        14
        ·
        22 hours ago

        Especially if Schumer and Jeffreies stay as the leaders…

      • hoshikarakitaridia@lemmy.world
        link
        fedilink
        English
        arrow-up
        3
        arrow-down
        1
        ·
        edit-2
        19 hours ago

        I know this is memeable but this time it’s different.

        The amount of seats gained by the Democrats, the issues that decided the vote, the type of candidates that won and the way the Dems have been struck down last election for not doing enough, I’m pretty sure we are essentially forcing their hand this time.

        • Nik282000@lemmy.ca
          link
          fedilink
          English
          arrow-up
          8
          ·
          18 hours ago

          this time it’s different

          yeah and

          they’ll never elect him twice

          • BillyTheKid2@lemmy.ca
            link
            fedilink
            English
            arrow-up
            1
            ·
            15 hours ago

            deleted by creator

  • Uriel238 [all pronouns]@lemmy.blahaj.zone
    link
    fedilink
    English
    arrow-up
    4
    ·
    16 hours ago

    Funny, my news feed told me Dow was up. Maybe it was non-tech stocks providing the lift?

    • BillyTheKid2@lemmy.ca
      link
      fedilink
      English
      arrow-up
      10
      ·
      15 hours ago

      Dow is more industrial and NASDAQ is more tech. Investors are fleeing tech for industrial, and I pray GPUs get cheaper.

      • Midnitte@beehaw.org
        link
        fedilink
        English
        arrow-up
        4
        ·
        12 hours ago

        Going to take years for prices to get back to sanity

  • mars296@fedia.io
    link
    fedilink
    arrow-up
    19
    ·
    1 day ago

    KyloRenMore.gif

  • mHtt@lemmy.ca
    link
    fedilink
    English
    arrow-up
    2
    ·
    edit-2
    18 hours ago

    its like when the seal is broken after u have been sniffing ur farts in bed all night.

  • thingsiplay@lemmy.ml
    link
    fedilink
    English
    arrow-up
    6
    arrow-down
    1
    ·
    23 hours ago

    Where I come from, we call it a nosedive.

PC Gaming@lemmy.ca

pcgaming@lemmy.ca

Subscribe from Remote Instance

Create a post
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !pcgaming@lemmy.ca

For PC gaming news and discussion. PCGamingWiki

Rules:

  1. Be Respectful.
  2. No Spam or Porn.
  3. No Advertising.
  4. No Memes.
  5. No Tech Support.
  6. No questions about buying/building computers.
  7. No game suggestions, friend requests, surveys, or begging.
  8. No Let’s Plays, streams, highlight reels/montages, random videos or shorts.
  9. No off-topic posts/comments, within reason.
  10. Use the original source, no clickbait titles, no duplicates. (Submissions should be from the original source if possible, unless from paywalled or non-english sources. If the title is clickbait or lacks context you may lightly edit the title.)
Visibility: Public
globe

This community can be federated to other instances and be posted/commented in by their users.

  • 840 users / day
  • 3.41K users / week
  • 6.26K users / month
  • 10.9K users / 6 months
  • 1 local subscriber
  • 15.9K subscribers
  • 3.69K Posts
  • 43K Comments
  • Modlog
  • mods:
  • EXiLE@lemmy.ca
  • Uncle@lemmy.ca
  • KairuByte@lemmy.dbzer0.com
  • BE: 0.19.10
  • Modlog
  • Instances
  • Docs
  • Code
  • join-lemmy.org