₦airaland Forum

Dont invest in Nigerian bank stocks.Nigerian banks are scams!

Blitzerz:
Which one be global market decline?

Stop covering shit

YOU'RE HERE IN PRIMITIVE SOCIETY, KEEP IT SHUT, THE NEWS AFFECT 50 BILLIONAIRES ACROSS THE GLOBE 🌎🌎 DO YOUR RESEARCH

Rebelutionary:
In the 21st century someone wants to believe that the Nigerian economy is an "isolated economy" from the global economic shocks that has seen billion dollar corporations stock price taking a hit!

Yes, the Nigerian economy just like economies around the world has it's challenges but isolating it from the overarching global economic spectrum is just plain inane and mischievous.

How we forget so soon that Nigeria was doing so well that we became the best performing stock market befuddles me?

Nigerian economy is Isolated in the reality of today. It is not directly connected to these military blocks Middle East, nato, China or Russia these are responsible for the current meltdown given diverse military engagement that has impacted economy

Gajagojo:
That is small see what has happened to NVIDIA or Intel since Friday

Pleeeasee. We all knew that the A.I. hype was little more than hot air and expected as much. I guess investors finally realized that they've been sold a pig in a pole.

Alusiizizi:
Pleeeasee. We all knew that the A.I. hype was little more than hot air and expected as much. I guess investors finally realized that they've been sold a pig in a pole.

It is too early to make that statement besides it is not based in objective reality

It is not only AI stocks that were hit

Secondly
Nvidia has a 52 week range of 39-140 and is 115 today so objectively is fine
Walmart Heineken and many others were hit badly

Let your assertions be logical you sound like a person saying no one should cross the road today because a person was killed while crossing yesterday

What are the facts ?
AI Stocks are up but will be volatile for the foreseeable future
The volatility is an opportunity to make plenty if money in the options market for those who know

It's affecting crypto space. BTC is bleeding but it will bounce back

Gajagojo:
It is too early to make that statement besides it is not based in objective reality

It is not only AI stocks that were hit

Secondly
Nvidia has a 52 week range of 39-140 and is 115 today so objectively is fine
Walmart Heineken and many others were hit badly

Let your assertions be logical you sound like a person saying no one should cross the road today because a person was killed while crossing yesterday

What are the facts ?
AI Stocks are up but will be volatile for the foreseeable future
The volatility is an opportunity to make plenty if money in the options market for those who know

A.I. stocks are up, you are absolutely right, and there-in lies the problem, they are up far more than their worth. The simple truth of the matter is that "Artificial Intelligence", or more correctly "Imaginary Intelligence" is just that. Based on imaginary powers that A.I. supposedly possesses which is simply not true, not even for the much touted "Large Language Models", and for most of the LLM popularity period promoters pushed much more hype than an actual product. Don't get me wrong, there is definitely a niche market for these statistical inference/classification machines but it's scope has been hugely overblown, and now, with the general market coming to the slow realization of this fact will come a market correction which is what we might be observing right now. I have always anticipated a day like this, even a few years ago when everyone was going gaga for ChatGPT I was keenly aware of it's limitations. LLMs are really nothing more than sophisticated search engines and they are definitely nowhere near being Artificial General Intelligent agents.

Alusiizizi:
A.I. stocks are up, you are absolutely right, and there-in lies the problem, they are up far more than their worth. The simple truth of the matter is that "Artificial Intelligence", or more correctly "Imaginary Intelligence" is just that. Based on imaginary powers that A.I. supposedly possesses which is simply not true, not even for the much touted "Large Language Models", and for most of the LLM popularity period promoters pushed much more hype than an actual product. Don't get me wrong, there is definitely a niche market for these statistical inference/classification machines but it's scope has been hugely overblown, and now, with the general market coming to the slow realization of this fact will come a market correction which is what we might be observing right now. I have always anticipated a day like this, even a few years ago when everyone was going gaga for ChatGPT I was keenly aware of it's limitations. LLMs are really nothing more than sophisticated search engines and they are definitely nowhere near being Artificial General Intelligent agents.

They are worth what they are worth
Not what you think they are worth
Objectively the earnings are in the public domain and undeniably impressive
Also there are many companies doing different things
AI is not one thing
Some are making chips,some doing payments etc

Nvidia us different from Aapl or Msft

Very black Monday indeed. I lost ~$15K in a single day...

Not for the faint hearted...

Gajagojo:
They are worth what they are worth
Not what you think they are worth
Objectively the earnings are in the public domain and undeniably impressive
Also there are many companies doing different things
AI is not one thing
Some are making chips,some doing payments etc

Nvidia us different from Aapl or Msft

I don't know whether you've got money tied up in A.I. or you're just being deliberately disingenuous but I think that I was quite clear when I made the difference between real product and hype and how they concern market correction.

Using global market to cover up. This govt is the most useless

Chetas81:
YOU'RE HERE IN PRIMITIVE SOCIETY, KEEP IT SHUT, THE NEWS AFFECT 50 BILLIONAIRES ACROSS THE GLOBE 🌎🌎 DO YOUR RESEARCH

Close your mouth ozwor.
Even before now,
When last did you hear our economy soar? Ôdé

Gboss247:
You need to learn how to use your internet browser wisely

Close your mouth

Alusiizizi:
I don't know whether you've got money tied up in A.I. or you're just being deliberately disingenuous but I think that I was quite clear when I made the difference between real product and hype and how they concern market correction.

You are talking theory
What happened in the last few days did not affect Ai companies alone and what really is AI anyway
Nvidia was founded in 1993 and does so many things
Essentially it is known as a chip maker
Apple is a device manufacturer among other things
AI s a new technology that many companies are trying to integrate into their business whether it is Microsoft, Amazon ,Intel and so on
Is Heineken an ai business? Last week in one day it lost 10%
1 day.
GOODYEAR the tyre company lost nearly 30% last week is it an AI company?
So if there was a market "correction " in the last few days it was broad and NOT about AI alone

Some people who have no clue about investing talk a lot of crap trying to sound like they know anything
Take Nvidia and SoundHound AI for example it doesn't matter whether the share price goes up or down based on volatility
I will make money from them in the options market so don't be sounding off on what you know nothing about go and find out what is called

Strangle investment

Blitzerz:
Close your mouth ozwor.
Even before now,
When last did you hear our economy soar? Ôdé

SHITHOLE GOAT 🐐🐐🐐 I CAN UNDERSTAND YOUR IGNORANT AFTER WEED 😜

Chetas81:
SHITHOLE GOAT 🐐🐐🐐 I CAN UNDERSTAND YOUR IGNORANT AFTER WEED 😜

Ozzzzzzzzzzwoooooor!