Palantir, NVIDIA and other AI stars dim
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This AI infrastructure play has delivered bigger gains than its larger peers since going public earlier this year.
A flight to quality trade happens when investors begin to get more defensive and risk-averse, buying stocks that they perceive as higher-quality and avoiding low-quality ones. It’s typical of a market that is seeking safety as some investors bail out, and may presage a market drop.
Just four Big Tech stocks — Nvidia, Microsoft, Meta, and Broadcom — account for 60 percent of the benchmark index’s total returns so far this year, according to a new analysis from DataTrek Research. They’re also responsible for pushing headline valuation levels to dot-com bubble levels.
Nvidia (NASDAQ: NVDA) shares fell 3.5% on Tuesday, closing at $175.64, as tech stocks broadly pulled back following a recent rally. The chipmaker traded 183 million shares, just above its three-month average of 181 million, signaling a cooling of momentum after reaching record highs earlier this month.
Should you Buy Or Fear Nvidia stock? For event-driven traders, historical trends might provide an advantage, whether by positioning prior to earnings or responding to post-release movements. That said,
Nvidia shares hit a record high Wednesday as the AI investor favorite became the first company ever to reach a market capitalization of $4 trillion. Monitor these key chart levels.
Beyond the Nvidia Hype Over the past few years, Nvidia (NASDAQ:NVDA) has been a stellar investment, riding the wave of artificial intelligence (AI) and semiconductor demand. Its stock has soared, delivering remarkable returns for investors who bet on its innovative chips powering AI data centers and gaming.
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Investor's Business Daily on MSNNvidia Stock Sinks On Fears Of AI Bubble, AI Winter
NvidiaNVDA stock has pulled back from recent highs amid concerns of a bubble in artificial intelligence stocks.Last week, OpenAI Chief Executive Sam Altman told reporters that he thinks the AI market is in a bubble,