4 ms·
Typical stock market reporting bullshit. Nothing to see here. On any particular days stocks will go up and down 1% - 3% just on trading and more when larger in
by dwd 1y ago
Typical stock market reporting bullshit. Nothing to see here.
On any particular days stocks will go up and down 1% - 3% just on trading and more when larger investors decides to profit take.
Drops over a certain percentage can trigger automated sell-offs creating bigger drops - and that's it. It's big players who can move the market enough to create a signal, and herd mentality from there.
Palantir for example hit a level and a lot of investors sold expecting a drop. They will now be buying back in once it hit its floor. Rinse, repeat.
Maybe the AI stocks are more volatile with wilder swings due to the hype, but there's no bubble unless they start failing or the money can move to somewhere with better returns.
Nvidia and Palantir are wildly profitable right now, so talk of a bubble is premature.