Nvidia's Slide and Apple's EU Fines | Bloomberg Technology
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- Опубликовано: 23 июн 2024
- Bloomberg's Ed Ludlow breaks down Nvidia sliding for a third consecutive day and wiping out $400 billion off its market cap. Plus, Apple faces billions of euros in fines over its App Store rules under the EU's Digital Markets Act, and car sellers warn of a possible material hit from the CDK cyberattack.
08:09 Wealth Enhancement Group Portfolio Manager Ayako Yoshioka
23:13 Cooling Demand for Bitcoin ETFs
31:13 Voodoo Co-Founder & CEO
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"Bloomberg Technology" is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.
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Good grief.. the price is only down to where it was 2 weeks ago.
Calm down
I believe it's wise to focus on stocks that are resilient to economic fluctuations. I'm particularly interested in companies like NVIDIA, which are at the forefront of AI innovation, poised to revolutionize industries and shape the future. As AI adoption becomes increasingly widespread, even established tech giants like FAANG companies are joining the movement. Are there other promising AI-related investment opportunities worth exploring?
I invested in NVIDIA last September,Following my financial advisor's advice. She astutely likened the company to 'selling shovels in a gold rush,' and her prediction proved accurate, as NVIDIA contributed a remarkable 80% to my overall market gains this year
That's a great analogy and I love the insight. Professionals could make a really big difference in investing, and I think everyone should have one. There are aspects of market trend that is difficult for the untrained eyes to see.
That's a great tip. I'm setting out 100k to invest in the market this year. Any particularly useful tips you could offer to me?
Jennifer Alaine' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call. Her expertise is impressive, and I'm eagerly anticipating our conversation.
Looking well fed Ed. Glad life is good to you
The moment some sell orders get executed you manage to say that AI is not so good at doing things.
nVidia's CEO tried to spin crap into gold wire when he declared that Devin was the world's first AI software engineer. While this resulted in an immediate uptick in nVidia's stock price, his claims were false and AI adopters soon found out the truth. Anyone who has been working with AI and large language models (LLMs) has discovered that performance on nVidia based systems is dismal once the model exceeds the available RAM on the video cards.
I'm looking forward to the Mac Studio M4 Ultra to be released, as this platform will be my best option for running a private AI. Until then, I'm running a private AI on a MacBook Pro M3 MAX.
Re: VOODOO & BeReal and Ed’s commentary re: who’s your target audience… everyone with a cell phone, was the response.
Tends to be a red flag, similar to “everyone is our target audience”. I have yet to see any company publicly state this in early years that has ever been successful at this scale.
No Caroline? BYE!
Caroline sucks
First