308
big and fake (lemmy.world)
submitted 5 days ago by no_nothing@lemmy.world to c/memes@lemmy.ml
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[-] riodoro1@lemmy.world 18 points 5 days ago

Stock market is definitely real guys. Our livelihood depends on it.

[-] 1984@lemmy.today 6 points 5 days ago

Sure but the evaluations of the magnificent seven stocks makes no sense at all. Nvidia price to earnings is at 55, which means it will take 55 years before the current stock value matches its actual value.

It's common for tech companies to be valued higher than their worth because of future profit possibilities, but Im 100% confident AI won't give the effects in extra sales that the market hopes for.

Consumers actually try to avoid most the Ai crap. Only some of it is marginally useful. Maybe it will become more useful, or maybe not.

[-] idunnololz@lemmy.world 1 points 4 days ago

The market can stay irrational longer than you can stay solvent. Etc etc.

[-] EherNicht@feddit.org 4 points 4 days ago

Endless growth. Limited resources. Where have I heard of that… 🦀

[-] fernandu00@lemmy.ml 4 points 5 days ago

"Look at our big adjusted EBITDA! Great quarter guys! Buy our stocks there's clearly an 20% upside in the next 12 months according to our FCFF model"

this post was submitted on 14 Sep 2024
308 points (99.4% liked)

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