Nvidia has reached another valuation milestone. the world leader in AI chips and GPU technology has a market capitalization that surpasses the combined valuations of every major publicly traded bank in the United States and Canada.The comparison, visualized by Reddit user u/alex-medellin, uses market cap data from FactSet and highlights the accelerating divergence between the tech and financial sectors.For comparison, here are the valuations of just some of the top banks in the U.S. and Canada.
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84 sats \ 1 reply \ @k00b 17h
I still have the sense that bankers get the last laugh. I'd love to see market cap divided by some productivity metric.
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133 sats \ 0 replies \ @0xbitcoiner OP 17h
Pretty sure that would make a great chart. But we can't forget the banking sector's a whole different beast, heavy regulation, tons of government protection. I’m not a fan of banks and try to stay as far away as I can, but I gotta admit they’re still a big part of how society runs. Hopefully one day Bitcoin changes that.
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0 sats \ 0 replies \ @flat24 11h
Do you think it could be punctured at some point?
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0 sats \ 0 replies \ @openyoureyes 13h
The reason is that the banks money is other peoples money.
What value creates a company that takes money from person a and lend it to person b?
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