Tech stock share price falls

Secret2ndAccount

Albermarle said:

Also apparently if you ask it about Tiannamen square, it refuses to answer.

It's open source software. You are free to build your own copy. If you leave out the censorship agent it will then be happy to discuss Tiananmen Square with you.  For a business, this is probably a better idea than shipping all your data to a Chinese server then asking it what you should do next.

Bostonerimus1

1) Do you really believe everything...or maybe anything...coming out of China?
2) Short term fluctuation in markets are to be expected.
3) Who's looking at balances anyway? With a sensible asset allocation you should be ok over the long term which is what matters.
4) There's a lot of hype in AI so just calm down.

Bottom line is it's all a storm in a China tea cut.

vacheron

Bostonerimus1 said:

1) Do you really believe everything...or maybe anything...coming out of China?
2) Short term fluctuation in markets are to be expected.
3) Who's looking at balances anyway? With a sensible asset allocation you should be ok over the long term which is what matters.
4) There's a lot of hype in AI so just calm down.

Bottom line is it's all a storm in a China tea cut.

I'm waiting for someone to uncover that it was all just a ploy by the Chinese government to short Nvidia, and the "AI" is actually just tens of thousands of government empolyees sitting in warehouses answering questions.

Not a sustainable business model, but they won't need it to be now they have aquired Nvidia's 500 Billion missing marked cap!

bjorn_toby_wilde

vacheron said:

Bostonerimus1 said:

1) Do you really believe everything...or maybe anything...coming out of China?
2) Short term fluctuation in markets are to be expected.
3) Who's looking at balances anyway? With a sensible asset allocation you should be ok over the long term which is what matters.
4) There's a lot of hype in AI so just calm down.

Bottom line is it's all a storm in a China tea cut.

I'm waiting for someone to uncover that it was all just a ploy by the Chinese government to short Nvidia, and the "AI" is actually just tens of thousands of government empolyees sitting in warehouses answering questions.

Not a sustainable business model, but they won't need it to be now they have aquired Nvidia's 500 Billion missing marked cap!

At Chinese pay rates it could well be sustainable 😁

Hoenir

vacheron said:

Bostonerimus1 said:

1) Do you really believe everything...or maybe anything...coming out of China?
2) Short term fluctuation in markets are to be expected.
3) Who's looking at balances anyway? With a sensible asset allocation you should be ok over the long term which is what matters.
4) There's a lot of hype in AI so just calm down.

Bottom line is it's all a storm in a China tea cut.

I'm waiting for someone to uncover that it was all just a ploy by the Chinese government to short Nvidia, and the "AI" is actually just tens of thousands of government empolyees sitting in warehouses answering questions.

Not a sustainable business model, but they won't need it to be now they have aquired Nvidia's 500 Billion missing marked cap!

Thought the timing of the announcement was spot on. Trump may not be the master of the universe he thinks he is. 

vacheron

IvanOpinion said:

Many tech stocks are very over priced at the minute so it will take very little to knock some of them off their perch.

Exactly, and the media have a vested interest in making it sound like a second Black Monday apocalypse, however if you look at the five-year chart it is nothing more than a very tiny blip at the top of an extraordinarily high peak!

kinger101

vacheron said:

IvanOpinion said:

Many tech stocks are very over priced at the minute so it will take very little to knock some of them off their perch.

Exactly, and the media have a vested interest in making it sound like a second Black Monday apocalypse, however if you look at the five-year chart it is nothing more than a very tiny blip at the top of an extraordinarily high peak!

Just had a look at VWRP which is a large chunk of my holdings.  Price about where it was 2 weeks ago.

Hoenir

The heady dot com days of BT when it's shares traded at over £20. Or Amazon when it reached $1113 only to fall back to $5.51  The totally insane market valuation placed on Last Minute.Com. As many investors bought the hype and couldn't grasp the fundanmental financial reality of the business world.  

vacheron

Hoenir said:

The heady dot com days of BT when it's shares traded at over £20. Or Amazon when it reached $1113 only to fall back to $5.51  The totally insane market valuation placed on Last Minute.Com. As many investors bought the hype and couldn't grasp the fundanmental financial reality of the business world.  

… and after personally seeing all those come and go, those 20 years younger than me still wonder why I remain so sceptical about cyber currency and NFT’s, despite working in a hi-tech industry. 😊

Cus

MX5huggy said:

Bit annoying, looks like recovery will be complete before the monthly investment goes in on Monday. 

Why does that matter?