• SkunkWorkz@lemmy.world
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    2 hours ago

    Stock valuation of a company is not calculated int the GDP. Only domestic revenue is. There is no company that makes trillions in revenue.

    • OldQWERTYbastard@lemmy.world
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      36 minutes ago

      True, but Nvidia’s market cap is still equal to 15 percent of 30.486 trillion. What’s worse is that it’s ALL built on speculation.

      This house of cards WILL fall.

      • wewbull@feddit.uk
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        19 minutes ago

        Nvidia is less speculation that the other companies mixed up in this. They at least sell physical goods which they’ve been shipping.

        Microsoft, Google, X, Meta - Oh boy!