"$1 trillion in stock value has been wiped from several of Silicon Valley’s heaviest hitters, all of which are heavily enmeshed in generative AI. Oracle, Meta, Palantir, and Nvidia"
I just checked the stock Oracle Palantir and Nvidia and they don't seem particularly down. Only Meta seems down from 750$ to 620$ which is a 21% drop (to the value it had this year in April 2025 (which would be a drop in 277B$ billions dollars).
Is there any data supporting the article claims for 1T$ stocks value drop?
Are we looking at different charts? What I see right now on a 5 day view is:
- Nvidia -11%
- Palantir -16%
- Oracle -11%
- Meta -5%
With some very quick and extremely cursory napkin maths I do get in the 800 billion range, which the original article mentioned. I guess the linked article rounded it up to make it more sensational.
I just checked the stock Oracle Palantir and Nvidia and they don't seem particularly down. Only Meta seems down from 750$ to 620$ which is a 21% drop (to the value it had this year in April 2025 (which would be a drop in 277B$ billions dollars).
Is there any data supporting the article claims for 1T$ stocks value drop?