Re:Nvidia is now worth more than Intel
by Wohlf on Thursday July 09, 2020 @01:13PM
(#23782460)
I think there's just nothing better to invest in right now, and wealthy people have a lot of capital. With things how they are in Hong Kong maybe there's even more capital flight out of China because they see the writing on the wall.
[ Parent
| on HN ]
> I think there's just nothing better to invest in right now
I think this might be the biggest reason. With B&M falling like flies left and right, people are shifting their investments. I don't think it's limited to "wealthy people" either.
I'm sure the Fed's buying spree/inflation is a factor as well, however. Interesting times.