George Noble: $4 trillion market cap puts recent moves in perspective

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Olga Shendetskaya

1 hour ago

George Noble: $4 trillion market cap puts recent moves in perspective — Market cap dwarfs recent valuation moves

George Noble draws attention to what he calls financial illiteracy. He emphasizes that the discussed change is a rounding error relative to the combined market cap of $4 trillion.

Noble's comments point to the scale of overall market capitalization, specifically referencing SPCX and TSLA.

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Noble has previously raised questions about NVIDIA’s recognition of internal chip purchases as revenue. In a separate note, he referenced Anatole Kaletsky to argue that Wall Street is not prepared for key market shifts. His latest comments continue a pattern of critiquing industry practices and investor perspectives.

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