To The Moon

"Nobody goes to that bar anymore," baseball legend and accidental American philosopher Yogi Berra once declared. "It's too crowded.". Berra's paradox, intended or not, suggests what a lot of us generally understand to be true: A surge in popularity for something is often the first sign of its decline.It's also a useful yardstick with which to measure a key market risk. Definitions might vary, but an asset bubble generally occurs when its price rises far in excess of what it can actually return to its owner.Meme stocks, for instance, took off in early 2021 and powered the value of money-losing companies such as GameStop and Bed Bath & Beyond to dizzying heights. Bitcoin prices, which are effectively based on the dollars committed to a particular form of blockchain technology, are worth more than 110,000 greenbacks.Labubu, a plush collectible toy made by China-based Pop Mart International Group -- which carries a $60 billion valuation on the Hong Kong stock market -- is the newest, but

Nvidia will convene itsannual shareholder meeting on Wednesday, with investors set to vote on executive compensation, board re-election, and ratifying an accounting firm. The shares gained another 2% in premarket trading Wednesday.Shares of Nvidia surged nearly 7% on Tuesday, snapping out of a three-session tailspin that had erased about $430 billion from the artificial intelligence chipmaker's market value.Nvidia's shares finished at $126.09, after a tumble that saw them lose around 13% from th

Nvidia stock recently rose to a record, pushing the chip maker’s market value past Apple to $3.1 trillion. President and CEO Jensen Huang expects to sell up to $735 million in Nvidia stock, based on W