On November 20, 2025, trading algorithms identified what may become the largest accounting fraud in technology history—not in months or years, but in 18 hours.
That’s not how the stock market works, you buy stock from other investors, not the company.
The company can issue more stock, not just use debt for its financing. And the value of the new stock is strongly influenced by the market price of the stock that has already been issued.
The company can issue more stock, not just use debt for its financing. And the value of the new stock is strongly influenced by the market price of the stock that has already been issued.
Nvidia’s outstanding shares have declined continuously since 2017.