Will AI's Tough Economics Pop Nvidia's Bubble?

07:00am, Tuesday, 30'th Jul 2024
Nvidia (NASDAQ: NVDA) stock has seen a 120% plus rally this year. With a $2.8 trillion market cap, Nvidia's valuation is in the vicinity of tech titans Microsoft and Apple (NASDAQ: AAPL).
Weakness has become an opportunity for best-of-breed AI stocks. For one, the rotation out of tech in favor of small-cap stocks, while painful, is temporary.
Nvidia (NASDAQ: NVDA ) has emerged as the standout among the Magnificent 7 stocks, spearheading the AI revolution. However, following its recent stock split, Nvidia stock has taken a hammering, shed
Four analysts have raised their price targets on Nvidia since the stock began its steep pullback. Not everyone on Wall Street is as bullish about Nvidia, though.
Nvidia will react to indications of AI spending from Microsoft but there are other important earnings coming Tuesday.
Nvidia shares have climbed in the quadruple digits over the past five years, but they've slipped since the completion of the recent stock split. The company is known for its dominance in the artificia
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Despite competition, Nvidia's hardware remains in high demand. Elon Musk had some kind words for Nvidia.
Investment flows into mutual funds and exchange-traded funds reinforce the degree to which large technology stocks have dominated the U.S. stock market this year—that is, until this month's well-doc
Nvidia (NVDA) closed at $111.59 in the latest trading session, marking a -1.3% move from the prior day.
Apple relied on chips designed by Alphabet's Google rather than industry leader Nvidia to build its new artificial-intelligence software infrastructure that will power its forthcoming suite of AI tool
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Later today, Nvidia (NASDAQ: NVDA ) CEO Jensen Huang will sit down for a fireside chat regarding artificial intelligence and related developments with journalist Lauren Goode, according to a Barron's
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