BREAKING: Nvidia, $NVDA, has now erased $1 TRILLION of market...

  1. 1ronnie
    23,410 Posts.
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    31/07/24
    12:29
    Post #: 75002559
    BREAKING:
    Nvidia, $NVDA, has now erased $1 TRILLION of market cap since its all time high set on June 20th.

    In other words, $NVDA has erased $200 billion of market cap PER WEEK over the last 5 weeks.

    The stock is now down ~27% from its recent all time high.

    In just 5 weeks, Nvidia has erased as much market cap as 1.5 TIMES the entire value of Tesla, $TSLA.

    This also equals roughly the same value as the market cap of Berkshire Hathaway.

    Did the bubble just pop?

    https://x.com/KobeissiLetter/status/1818329288837579173
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    lightbulb Created with Sketch.  Great analysis
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