this post was submitted on 25 Nov 2025
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Fuck AI

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172
AI bubble madness: Why the stock market fell $2,000,000,000,000 in just FIVE HOURS (www.youtube.com)
submitted 1 week ago by Dav09@mander.xyz to c/fuck_ai@lemmy.world
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The US economy depends on an unsustainable stock market bubble driven by AI companies that are almost all losing money. Nvidia seems healthier, but serious red flags explain why its stock price is extremely volatile, and why its market capitalization dropped $600 billion in just one day. Ben Norton explains.

Topics

  • 0:00 AI bubble & Nvidia
  • 2:40 Magnificent Seven (Mag7) Big Tech stocks
  • 4:01 US GDP growth depends on AI capex
  • 5:01 AI circular financing scheme
  • 6:28 OpenAI is losing money, but owes $1.4 trillion
  • 7:38 Nvidia profits rise in earnings report
  • 9:27 US investor madness
  • 12:04 China challenges Nvidia's chip monopoly
  • 13:43 Crazy volatility in Nvidia stock
  • 15:08 CEO Jensen Huang's private comments
  • 17:11 $600 billion drop in one day
  • 18:13 Four customers make up 61% of Nvidia revenue
  • 20:25 IOUs: Nvidia's accounts receivable rises
  • 21:43 GPU demand? Nvidia inventories surge
  • 22:37 S&P 500 falls $2 trillion in 5 hours
  • 24:12 US economy built on financial house of cards
  • 26:13 Markets can remain irrational...
  • 27:01 Dangers of a recession or depression
  • 28:13 Outro
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[–] ChairmanMeow@programming.dev 4 points 1 week ago (1 children)

It shows as down 3.8% over the last 5 days for me. Down 7.1% over the last month.

[–] bear@lemmy.blahaj.zone 2 points 1 week ago* (last edited 1 week ago) (1 children)

Which market? I looked up the S&P.

DJI is up 2% in 5 days. S&P is now up 1.27% over the same period, according to Google, using ICE Data Services data.