>Jensen Huang Starts Nvidia in 1993, but almost goes bankrupt in 1996, laying off 50% of staff and telling his team “we are 30 days from going out of business."
>In 1997, Nvidia wins a contract with Sega, but Jensen admits their chip won’t work. Sega decides to invest $5M into Nvidia, buying them six months of runway, enough time to pivot to a new GPU architecture.
>The pivot works. By 1999, Nvidia goes public and launches the GeForce 256, marketing it as the world’s first "GPU” and they dominate the PC gaming market.
>Jensen notices Ph.D. students are hacking his gaming cards to solve complex math problems. He realizes the GPU is actually a supercomputer disguised as a toy, and starts aggressively investing in this use case.
>Throughout the 2000s, Nvidia pours profits into developing CUDA, a software platform that makes GPUs programmable for AI, scientific computing, and many of the heaviest workloads that CPUs can’t handle.
>Then in 2016, Jensen hand-delivers the world's 1st AI supercomputer (the DGX-1) to Elon Musk for a nonprofit he’s funding called OpenAI, so they can train a "generative model".
>But in 2022, Nvidia’s stock falls 66% as the PC market slows, and Ethereum switches to Proof-of-Stake, instantly killing the multi-billion-dollar GPU mining market, one of Nvidia’s biggest demand drivers. GPU resale prices collapse. Nvidia’s revenue guidance drops.
>While the industry slows down, Jensen aggressively secures TSMC's limited CoWoS packaging capacity (the bottleneck for AI chips) betting the farm that the "AI Moment" is imminent.
>In Nov 2022, OpenAI launched ChatGPT. Every major tech company suddenly needs thousands of Nvidia H100s at $30K each.
>From 2023 - 2025, tech companies commit 100s of billions on AI infrastructure spend. All roads lead to Nvidia, and their software layer CUDA locks developers into their ecosystem.
Today, Nvidia is the most valuable company in the world, valued at $4.3 trillion, and Jensen owns approximately 3.5% worth $150+ billion.
The primary difference between positive and negative outcomes is related to misconceptions about the stock/crypto market that can lead people to make poor investment decisions.
With that in mind, I present to you ten truths about the stock/crypto market.
1. The long game is undefeated There’s nothing the stock/crypto market hasn’t overcome.
2. You can get smoked in the short-term Bull markets come with lots of bumps in the road.
3. Don’t ever expect average At some point in your life, you probably heard that the stock market generates about 10% annual returns on average.
4. Stocks offer asymmetric upside A stock can only go down by 100%, but there’s no limit to how many times that value can multiply going up.
5. Earnings drive stock prices Any long term move in a stock can ultimately be explained by the underlying company’s earnings, expectations for earnings, and uncertainty about those expectations for earnings.
6. Valuations won’t tell you much about next year While valuation methods may tell you something about long-term returns, most tell you almost nothing about where prices are headed in the next 12 months.
7. There will always be something to worry about Investing in stocks is risky, which is why the returns are relatively high.
8. The most destabilizing risks are the ones people aren’t talking about It’s the risks no one is talking about or few are concerned about that’ll rock markets when they come to surface.
9. There’s a lot of turnover in the stock market Just as most businesses don’t last forever, most stocks aren’t in the market forever.
10. The stock market is and isn’t the economy While the U.S. stock market’s performance is closely tied to the trajectory of the U.S. economy, they’re not the same thing.
What all of this means We could very well be on the brink of a dreadful, multi-year long bear market. Who knows?
Bitcoin faces 3 headwinds as the cryptocurrency sits 28% below record high
Bitcoin (BTC-USD) is struggling to gain momentum as it heads toward its worst month since June 2022.
As prices hover around $91,000 per token, or roughly 28% off their October all-time highs of more than $126,000, the cryptocurrency's problems don't appear to be easing.
And three key challenges for bitcoin have emerged as investors and strategists dig through the rubble of this month's decline.
First: Outflows of bitcoin exchange-traded funds (ETFs) for November have reached $3.5 billion, their largest since February. That indicates that institutional investors have stopped allocating into bitcoin. These ETFs have turned into sellers, and as long as they keep selling, I think the markets will struggle to stay up, or rebound.
Another issue: Stablecoin minting activity, a warning that could suggest less capital is entering the crypto ecosystem. According to data, roughly $800 million flowed out of crypto and back into fiat currencies last week. While not a massive figure, it reinforces the trend that money is not staying within the market.
The third challenge facing bitcoin: Long-term holders had already been selling into the downturn, possibly in anticipation of the token's historical four-year cycle. Bitcoin's past performance from peak to trough has largely followed an every-four-year supply cut known as "the halving." Many investors now deny that the same trajectory will repeat.
Wall Street's credit worries are intensifying after a warning from JPMorgan Chase (JPM) CEO Jamie Dimon about cockroaches in the US economy. Investors on Thursday punished the stocks of regional banks and an investment bank exposed to the bankruptcy of an auto parts maker.
The regional banks that plummeted Thursday were Phoenix-based Western Alliance Bancorporation (WAL) and Salt Lake City's Zions Bancorporation (ZION). Zions' stock fell 13% and Western Alliance's stock fell nearly 10%.
Their pullbacks came after Zions on Wednesday said it took a $50 million charge-off — a measure of unpaid debt written off as a loss — for two business loans extended through its California Bank & Trust division.
A coin owner holds 70%+ of the total supply 💰 It’s like a wedding where 75% of the biryani pot is kept inside the kitchen for VIPs 🍗 Only 25% is left for the guests.
People line up with plates... Some get rice, some get nothing, And the lucky ones post on Facebook: “Best biryani ever! 😂”
Crypto works the same way 👇
The owner holds most of the supply 💼
Only a small part hits the market
Retail traders buy in the hype 📈
Price pumps
Then the owner dumps 💥
And retail investors are left holding empty plates 😅
When 75% of the “meat” is already gone to the VIP room, Only the smell remains for the public 🤷♂️
Some traders say: “If you want long-term profits, check the coin’s use case.”
But remember this 👇 $OM was also a “utility coin.” Its market cap hit $7B once! 🚀 Then it crashed hard 💣
The reality today: You don’t need promises. You need data.
✅ Check daily top 2 gainers ✅ See their RSI and KDJ levels ✅ If 4H RSI ≥ 85 and KDJ “J” ≥ 105 ➡️ Short without fear! 💥
Utility stories are distractions. Most coins have 75% supply in team wallets. They pump, they dump, they vanish.
And imagine this… If one day Satoshi Nakamoto decides to move even a small part of his BTC, Crypto markets will shake like never before {spot}(OMUSDT) $MORPHO {spot}(MORPHOUSDT) #BinanceHODLerENSO #EULBinanceHODLer #BNBBreaksATH #Write2Earn #BNB_Market_Update