Spyke

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9 replies

I'd like all of that and a side order of a cpu too please

4
lemmy.world

Half of FAANG is built on this circular financial lie. So many people banking on index funds will lose their retirement.

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bainesreply
lemmy.cafe

if index funds collapse the whole fucking economy goes with it

17

This is my exact thought. If my IRA tanks because of total market index funds… not having a retirement will be the least of my worries. The entire country will collapse long before I make it to 67.

9

no money to do so

economy is so fucked the tools are borked

and that’s assuming he doesn't get control of the fed

3

On a strategic level, however, by earmarking just around $7 billion for Poolside, NVIDIA is gaining a significant hedge against a possible collapse in demand for its GPUs,

NVIDIA claims it will get $600 bin in revenue next year. This isn't even a wee in a tsunami .

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NVIDIA Becomes A Buyer Of Last Resort For Its Own GPUs By Earmarking $7 Billion For Poolside, Just As Sam Altman Admits He Was Wrong On The AI Timeline | Spyke