Aiyoh machan, wall wall wall... market now all scared CEO got scandal, got affair, stock crash overnight right?
Don't worry! Muthu Prata Shop open early today to give you 100% Zero-Affair Safe Stock Portfolio:
1. AMD (Dr. Lisa Su)
Female CEO! Married to a hardcore gamer husband who spends whole day playing video games at home. Zero chance of affair, 100% focused on beating Nvidia!
2. OpenAI (Sam Altman)
Sam is happily married to his husband Oliver! Zero chance of female secretary drama. Stock safe, relationship safe! 👬
Pending IPO
3. Anthropic (Dario Amodei)
Dario survived testicular cancer at Stanford, left with only 1 testicle (orchiectomy). Half the horsepower, 100% focus on AI safety! Cannot afford extra side-line activities! ⚽
Pending IPO
Market bloodbath because of Jensen scandal, but Muthu tell you: buy the safe ones, flip the prata, sit back and collect money! 📈
Not financial advice ah, later lose money don't come and ask for free Prata Telur! 🥞😂
Jensen Huang is embroiled in an extramarital affair scandal, causing Nvidia's stock price to plummet in overnight trading, exacerbating the situation for chip stocks! Is it possible to buy at the bottom now?
On the morning of November 9th, in the night trading session, Nvidia's (NVDA) stock price plummeted by more than 7% at one point, but the decline subsequently narrowed to 5.72%. Nvidia's (NVDA) official website published an apology letter from CEO Jensen Huang to all employees, in which he admitted to the extramarital affair and publicly apologized to his wife, children, shareholders, and others! This news undoubtedly exacerbated the situation for chip stocks. US stocks just experienced last week's "Black Thursday," with the Nasdaq (.IXIC) plummeting 5.52% in a single day. Of the 30 constituent stocks of the Philadelphia Semiconductor Index (SOX), 28 have already fallen into a technical bear market! SanDisk (SNDK), which suffered the worst decline at the time, plummeted nearly 30% during the week, Micron Technology (MU) fell nearly 26%, and even Nvidia (NVDA), which was the most resilient stock at the time, fell 11%! Now it has escalated to another sharp drop. Investors are probably most concerned about only one question right now: now that the price has fallen like this, is it worth buying at the bottom? Should we guard against market risks now?
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