Nvidia’s Daily Market Cap Swings Border On Farce

I've said it again and again since 2020, but I find myself compelled to reiterate the point at various intervals: We're fast approaching a kind of market singularity wherein quarter-trillion dollar value creation / destruction events for America's mighty mega-caps are a near daily occurrence. Indeed, we're already there. On Tuesday, Nvidia suffered the largest single-session market-cap wipeout in history, shedding almost $280 billion in value over just six hours. According to "efficient" marke