Investing

[romad1]

I feel like AI shenanigans deserve their own thread.  There is just so much of this stuff out there about its failings and people overweighting it as the next step in our evolution.  

[gehringer_2]

21 hours ago, Screwball said:

I thought this was funny.  Might also be partially true.

https://x.com/CramerTracker/status/1990823529839788217

Won't link for some reason. The Tweet is from Inverse Jim Cramer and it a parody account. It says;

Not to be overdramatic but if Nvidia misses earnings tomorrow we’re going extinct btw

One not to bright sign about NVidia - their SW people have been screwing up recently. Now I'll state upfront it's a totally insignificant part of the overall business, but I hate to see lack of attention to detail anywhere in an org. The last release of their Linux drivers had to be pulled back for some pretty basic QC misses. Gamers also complain they have fallen behind AMD in the SW implementations of some of the better features of their cards.

Edited 18 hours ago by gehringer_2

[romad1]

1 hour ago, romad1 said:

I feel like AI shenanigans deserve their own thread.  There is just so much of this stuff out there about its failings and people overweighting it as the next step in our evolution.  

E.G, 

Quote

One thing I’ve been tracking this year is the areas where Wall Street and Silicon Valley are going to war. Tech firms clearly want to become banking apps and receive special charters, private equity and crypto are jostling for position in worker 401(k) plans, and the tech right in general wants to supplant big banks as the go-to director of conservative business policy.

That’s all still going on. But in one area, Silicon Valley and Wall Street are in sync: conjuring up sketchy credit deals that are pointing us toward another financial crash.

 

Edited 17 hours ago by romad1

[Screwball]

 

[Screwball]

1 hour ago, romad1 said:

I feel like AI shenanigans deserve their own thread.  There is just so much of this stuff out there about its failings and people overweighting it as the next step in our evolution.  

Maybe if you didn't have half the people on this board on ignore you would know AI has been talked about in this thread going back at least 10 pages. Try to keep up Gomer.

[romad1]

13 minutes ago, Screwball said:

Maybe if you didn't have half the people on this board on ignore you would know AI has been talked about in this thread going back at least 10 pages. Try to keep up Gomer.

Maybe.  Good to know.  I consider the Investing thread more about your ilk's predations on my retirement savings instead of your ilk's predations on my rights and the future of civilization. 

[Screwball]

Today was NVDA day. NVDA is the market, and this current blimp size bubble big money has blown. NVDA is the the head of steamship of the MAGS as they are known. As NVDA goes, the market goes. Their market cap is equivalent to around 17% of our GDP. They reported earning after the market closed today. As it turns out it wasn't really too eventful. A little chart porn.

First is a 9 month showing NVDA price action.

What I thought would be fun is to see how it reacted after hours when they reported and the conference call. It didn't do too much all day, but after hours it got a little goofy. The big jump was when earning numbers hit. Then it drifted a little higher. The crazy part is the 4 huge moves after hours shown by the long lower candle tails. What's going on one wonders?