• protist@mander.xyz
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    2 days ago

    The money went back into the hands of all the people and money managers who sold their stocks today.

    Edit: I expected a bloodbath in the markets with the rhetoric in this article, but the NASDAQ only lost 3% and the DJIA was positive today…

    Nvidia was significantly over-valued and was due for this. I think most people who are paying attention knew that

    • Hexadecimalkink@lemmy.ml
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      2 days ago

      Trump counterbalance keeping it in check but my gut is saying once tariffs come in February there’s going to be a market correction. Pure speculation on my part.

      • Jimmycakes@lemmy.world
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        2 days ago

        You don’t have to say speculation when talking about the future of stocks. It’s implied unless you are a time traveler in which case you should lead with that.

    • someacnt@sh.itjust.works
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      2 days ago

      To be fair, NQ futures momentarily dropped 5% before recovering some. A few days from now on would be interesting.