Investing Thread

[TSmith34, Inc.]

I only have 100,000 shares, doggone it.

Seriously, it's nice to see socialism get so thoroughly embraced. Mamdani is smiling.

Not socialism, corruption and scam.

[MU82]

Not socialism, corruption and scam.

It can be both.

An example of socialism is when a corporation is "owned and controlled collectively by the people, sometimes through a democratic state."

So the government taking stakes in this  corporation and Intel and others - especially large enough stakes that give the government a say in the boardroom - is definitely socialism.

But yes, it's quite likely also corruption and a scam.

[NCMUFan]

https://aimnet.org/the-rise-of-public-equity-investments/#:~:text=Investment%20by%20government%20in%20private,for%20mixed%2Dincome%20housing%20growth.

[Uncle Rico]

https://aimnet.org/the-rise-of-public-equity-investments/#:~:text=Investment%20by%20government%20in%20private,for%20mixed%2Dincome%20housing%20growth.

Yes, socialism is good.  We know.

[Skatastrophy]

Has it ever been more clear than right now that the stock market does not in any way demonstrate US economic health/success?

I mean, it does for those of us with plenty of money. Wealthiest country in the world, baby! Even with all of these do-nothing poors that 'work' all day or whatever.

[Shaka Shart]

Yes, socialism is good.  We know.

https://www.gov.ie/en/department-of-culture-communications-and-sport/press-releases/basic-income-for-the-arts-pilot-produced-over-100-million-in-social-and-economic-benefits/#:~:text=The%20findings%20of%20this%20external,sector%20and%20the%20economy%20overall.%22

*shrugs*

[Uncle Rico]

https://www.gov.ie/en/department-of-culture-communications-and-sport/press-releases/basic-income-for-the-arts-pilot-produced-over-100-million-in-social-and-economic-benefits/#:~:text=The%20findings%20of%20this%20external,sector%20and%20the%20economy%20overall.%22

*shrugs*

Socialism works

[jesmu84]

Nvidia pays openai to buy/pay for nvidia chips.

?

[forgetful]

Nvidia pays openai to buy/pay for nvidia chips.

?

Yes, most AI companies will go bankrupt the revenue to debt projections to succeed are insane. It is the dot.com bubble on steroids.

Nvidia is making a bet on OpenAI that it is a winner in this mess and will be tied to them infrastructure wise.