Artificial intelligence is revolutionary, but it is also a bubble waiting to pop. Just look at Nvidia ‘s stock price and match it with history.
Nvidia’s stock was down by 3.1% to $470.60 on Wednesday, a small dip compared with the 222% gain recorded for the year so far. It trades at 34.1 times the per-share earnings it is expected to produce over the next 12 months, but in mid May, the valuation was at 63 times, near its record of 70.6 times.
AI-related stocks such as Nvidia, Advanced Micro Devices and others have helped the S&P 500 to rise 17% this year. The point to remember, Arnott wrote, is that whenever a bull market emerges from a powerful narrative propelling the stock prices of a narrow group of popular companies, those stocks may disappoint in the years to come.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:
Colombia Últimas Noticias, Colombia Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
These Stocks Are Moving the Most Today: Tesla, Nvidia, Fidelity National Financial.Auto makers and chip stocks were among the big movers at the start of a shortened week following the Labor Day holiday.
Fuente: MarketWatch - 🏆 3. / 97 Leer más »
These Stocks Are Moving the Most Today: Tesla, Nvidia, Fidelity National Financial, OracleAuto makers and chip stocks are among the big movers at the start of a shortened week following the Labor Day holiday.
Fuente: MarketWatch - 🏆 3. / 97 Leer más »
Japanese stocks climb for seventh day as Hong Kong stocks dropAsia-Pacific stocks mostly decreased Tuesday, Sept. 5, Japanese shares climbing for the seventh day. Hong Kong's Hang Seng Index fell 2.1% to 18,456.91,...
Fuente: MarketWatch - 🏆 3. / 97 Leer más »
Airbnb, Tesla stocks rise, Manchester United, Softbank shares fall and other stocks on the moveAirbnb, Blackstone stocks rose after S&P 500 caretaker said it was adding them to the S&P 500 index.
Fuente: MarketWatch - 🏆 3. / 97 Leer más »
Japanese stocks climb for eighth day as Hong Kong stocks hold steadyAsia-Pacific stocks increased Wednesday, Sept. 6, with the Japanese market showing an eighth day of increases and shares in Hong Kong declining for the...
Fuente: MarketWatch - 🏆 3. / 97 Leer más »