TCW84: Nvidia’s historic drop, Ticketmaster trouble, & Snapchat’s slump.
Description
This week, we kick things off with Nvidia’s jaw-dropping $280 billion loss, the largest single-day drop in U.S. stock market history. What went wrong for the AI giant, and what does this mean for the future of AI stocks? Next, we break down ChatGPT’s meteoric rise as OpenAI gears up for a $100 billion valuation - double the users and big tech companies like Microsoft and Apple lining up to invest. Meanwhile, Snapchat faces a tough reality as its CEO admits the platform is struggling to stay relevant after 13 years. And finally, we dive into the chaos surrounding Ticketmaster’s handling of the eagerly-anticipated Oasis reunion tickets, where fans found themselves in virtual queues only to be hit with skyrocketing prices. With dynamic pricing under fire, is this the last straw for Ticketmaster?
Want to be the first to know when we launch The World's Biggest Investing Club? Sign up for our newsletter here.
Watch this episode on YouTube.
For more from The Curve:InstagramYouTubeWebsiteTikTokNewsletter
Disclaimer: Raising The Curve has been prepared solely for informational and educational purposes. Any information provided and serviced described in this website are intended to be of general nature and provide general information only. The opinions expressed by The Curve do not constitute investment advice.
Once dismissed as frivolous splurges, luxury handbags are now being eyed as smart investments. Could that Chanel or Hermes in your closet be worth more than stocks? In this episode, auction expert Meg Randell takes us through the booming market of designer bags, where brands like Chanel and...
Published 11/20/24
A peek into a hilariously earnest high school time capsule reveals tiny Vic’s fascination with the news and dreams of PwC, New York, and a life well-lived. Spoiler: some of it worked out, but the love life? Let’s just say it’s been a journey. Shifting gears to today’s big money moves, Bitcoin is...
Published 11/18/24