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Nvidia sheds almost $600B in market cap
- ChrisArchitect 2y agoMore discussion: https://news.ycombinator.com/item?id=42839650 https://news.ycombinator.com/item?id=42839650
- KarmaArchitect 2y agoThank you.
- booleandilemma 2y agoAre you two related?
- dang 2y agoComments moved thither. Thanks!
- pinkmuffinere 2y agoPet-peeve: I hate titles like this, “biggest loss in history” is meaningless unless it’s inflation-adjusted, and it almost never is. Is this a bigger loss in real terms? Or is this just a big number? I’m guessing it’s the second. Edit: I read the article, it’s definitely the second case. Is this _also_ the biggest loss in real terms? I don’t know.
- Terr_ 2y agoSimilarly, "new record for highest-grossing film", or "new record for number of popular votes received."
- paulddraper 2y agoHey, they clearly just keep making more and more popular movies. /s FYI for the curious: the highest inflation-adjusted lifetime grossing film is Gone with the Wind.
- lotsofpulp 2y ago"xyz company [in business that historically earns low single digit profit margins] reports highest profits"
- paxys 2y agoAnd "record profits" were actually less than previous year's profits + inflation.
- magicalhippo 2y agoI like the "fastest growing app/magazine/whatever" when the competition has been there for 50+ years.
- otherjason 2y agoAnd "our best iPhone ever." If it weren't your best iPhone ever, then I would be better off buying one of your older models.
- coliveira 2y agoWell, this is what the media does, it is a low hanging fruit that will attract readers. The reality is that NVDA price was way too high and would fall anyway. This was just a catalyst.
- amazingamazing 2y agoCounterpoint - generally larger companies should be less susceptible to the type of volatility that leads to the title, so I still think it's newsworthy. Even if you were to change the title to largest percentage single-day loss amount among 3 trillion+ companies it would still be true (might even be true amount 2+ trillion as well)
- Retric 2y agoInflation adjusted is still limited to the largest companies. It’s simply using 2025 dollars for companies rather than comparing 1950 or whatever dollars vs 2025 dollars.
- amazingamazing 2y agobut inflation adjusted doesn't make any sense. things are less volatile now, there's high speed trading, better knowledge, easier trades, more automation, regulation, etc. it wouldn't make any sense. even now compared to 2020 there has been a huge change in amount of retail investors.
- Retric 2y agoThings aren’t less volatile in terms of extreme events. Look in depth at say the 2010 flash crash one of the all time great examples of very short term volatility. Similarly, longer term we still see huge shifts such as the COVID dip before all that money flooded the markets.
- amazingamazing 2y agoi'm talking about the strictly among the biggest companies
- Retric 2y agoI don’t have an intraday chart to look at, but DJIA which is just 30 large companies lost ~1.5 trillion in 2025 dollars in that flash crash. So on average each company lost ~50 billion over a few minutes only for them to recover almost as quickly. Though it wasn’t an even split due to differences in market cap etc and it’s not even a listing of the biggest companies. From what I recall multiple companies briefly took a 100+B hit, but again I don’t have the numbers on hand.
- walterbell 2y agoWould inflation change the ranking? > For Nvidia, the loss was more than double the $279 billion drop the company saw in September, which was the biggest one-day market value loss in history at the time, unseating Meta’s $232 billion loss in 2022. Before that, the steepest drop was $182 billion by Apple in 2020.
- seizethecheese 2y agoNot compared to these recent losses, but compared to all history it’s very possible, the value of the dollar drops by orders of magnitude as you go back in time.
- Andrex 2y agoIt's not meaningless to people who accept that the vast majority of these reportings always use non-adjusted numbers and usually call out when that isn't the case.
- dang 2y agoOk, we've taken that bit out of the title above.
- deleted 2y ago[deleted]
- Havoc 2y agoThis drop is wild to me. Everything about DS success screams the future of AI is bright. The advance puts more use cases into feasible space. And then number one supplier for it drops. DS is literally using NVIDIA chips for god‘s sake Markets aren’t rational. Or people don’t understand AI. Or both. Idk
- kfcjligmom 2y ago[dead]
- togor1 2y ago[flagged]
- dadbod 2y agoJensen: 1000$ Customers: 10$ Jensen: 500$ :( Customers: 20$ Jensen: 250$ Customer: 10$ + your jacket Jensen: :'((
- Netcob 2y agoThis is really complicated... - NVIDIA has probably been overvalued for a while - But what is happening now is clearly a panic - GPUs are still needed for training and inference, and I guess people will figure that out in the next few days - So far, all we have is claims from one source. Seems credible enough, and I'm sure there's massive optimization potential in training LLMs, but someone else should replicate the process first before it's taken as a fact