That means the peak is here. The insider of all insiders sold? Dump everything!
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Isn't this an interesting property of market economies?
Software and silicon chip manufacturing has literally nothing to do with food production and yet a 'disaster' (I.E. going back to the status quo as of a few years ago) in that industry will affect your ability to eat. Nothing has happened to the farmers or their fields, or to the logistics system that moves food from one place to another, and yet somehow things suddenly can't find their way from where they are produced to where they are needed.
Remember, this is supposed to be the most efficient way to allocate resources.
i hate peter thiel but i also hate nvidia and tesla so i hope this ends out somehow being bad for everyone
My bet is that he's trying to start a panic in the markets. That way he can clean up on a short.
This goes back to September.
Don't make actions today based on something someone did months ago. Look at the situation now.
Nvidia is still being given piles of money. Everybody knows it's gonna blow eventually... but if there's a dip today it will rise again until a real crash once buyers stop paying.
DRAM going to the moon right now over demand is not a good sign of nvidia losing steam any time soon.
To shreds you say?
Hilarious that at the end of this specific article, for me, an ad popped up advertising AI investing 😂 Jesus we are so fucked
when you see the rats running from the end of the ship that's settling a little lower in the water... that water ain't outside the hull anymore.
I thought we decided to not post stonks crap in here. It‘s what completely ruined the technology community over at Reddit before the entire site was ruined.
When we are in the middle of a tech bubble and one of the richest and most connected men on earth decides to cash out, then that is not "stonks crap", but relevant tech news. Some companies stock price rising by 2% is not news, but this? Yes.
Unfortunately, these stocks being high are directly related to so much of the tech world being complete shit right now.
The underlying story is the AI bubble that we all know will end badly. They are shoving lying and hallucinating AI on our devices and into our employment without consent. It's going to come down, its a matter of when, not if.
I want to see it, lemmys got a bigger problem with individuals trying to control what everyone else sees, you have many options like blocking the poster
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Peter Thiel sells his Tesla stake
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Telsa price goes up
Lolz. Lmao even.
The next year before the Midterms is going to be a wild circus.
Sooooo that gives us how long, exactly, until we dive nose first into a huge world wide recession?
Remove the rich
Nobody should be allowed to be a billionaire, put max caps on netwoths. Anything over 10-20 million should go 100% to tax
Peter Thiel and Donald j Trump are both best friends with Jeffrey r Epstein and child rapists.
Buy toilet paper.
"You mean toilet paper stocks right?"
Did I stutter?
I hope your 401K is diversified because this will bring down a lot with its fall.
If it isn't diversified, then you're not investing. You're gambling.
Microsoft, Oracle, Nvidia, AMD, etc. all inking new partnerships to generate a headline and valuation increase. Meanwhile AI companies PE ratios creep upward.
The top few companies can only helicopter cash at eachother for so long before the bubble eventually busts. That's not new income being generated, it's more akin to check-kiting in a public trading context.



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