Black Swan Author Nassim Taleb Says Nvidia Stock's 17% Drop On Monday Is 'Just The Beginning' Of Market Rout

Q: How long will it take to read this news story?

The story "Black Swan Author Nassim Taleb Says Nvidia Stock&#039;s 17% Drop On Monday Is &#039;Just The Beginning&#039; Of Market Rout" has 477 words across 19 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Black Swan Author Nassim Taleb Says Nvidia Stock&#039;s 17% Drop On Monday Is &#039;Just The Beginning&#039; Of Market Rout" was covered 2 days ago by Benzinga, a news publisher based in United States.

Q: How trustworthy is 'Benzinga' news outlet?

Benzinga is a fully independent (privately-owned) news outlet established in 2010 that covers mostly technology news. The outlet is headquartered in United States and publishes an average of 24 news stories per day. It's most recent story was published 8 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #25602284</li><li>URL: https://chronographically.beamstart.com/news/black-swan-author-nassim-taleb-17381466695072</li></ul>

Benzinga Logo Benzinga 2d ago

Black Swan Author Nassim Taleb Says Nvidia Stock's 17% Drop On Monday Is 'Just The Beginning' Of Market Rout - Benzinga

Quick Summary:

What Happened: In a post on X, Taleb cautioned that the electric vehicle sector could follow a similar trajectory, writing, “Next: electric cars.” This warning is underscored by historical examples such as General Motors Company (NYSE:GM), which pioneered electric vehicles with the EV1 but ultimately filed for bankruptcy in 2009.

“Black Swan” author Nassim Taleb is warning investors about the fragility of wealth concentration in technology stocks, particularly highlighting Nvidia Corp.(NASDAQ:NVDA) following its recent 17% decline amid the emergence of DeepSeek‘s artificial intelligence model.

He pointed to Sir Clive Osborne, who pioneered the laptop computer but went bankrupt, and AltaVista‘s quick disappearance from the search engine market after Alphabet Inc.(NASDAQ:GOOGL) (NASDAQ:GOOG) subsidiary Google‘s emergence.