Why Nvidia's stock rally is not driving broader market gains

) stock has steadily risen since its last quarterly report. However, unlike previous instances where the tech giant's performance has driven broader market gains, this time, the overall market hasn't followed suit.Stick with in video here and video shares soaring nearly 20% in the past three days following.But the widespread stock market rally many expected never materialized will be the same thing.

It does relate, of course, with the theme and some of the biggest companies are buying their chips, but it is just one company. And I would also think that if we don't see that sort of outsized reaction and we don't see the S and P follow through more of a broader market reaction, I think last quarter, it definitely caught investors in the market off guard.

What does that actually mean for the hyper scaler that are buying all of these chips is prob probably would have more waiting to me than another big NVIDIA.I have a call now to talk about on Thursday and we'll have the macro data too.PARIS — French President Emmanuel Macron said Monday that the arrest in France of the CEO of the popular messaging app Telegram, Pavel Durov, wasn’t a political move but part of an independent investigation.

Blackwall fire: 70 firefighters tackle blaze at London skyscraper that sends huge plume of smoke across sky Global Topological Quantum Computing Market Global Topological Quantum Computing Market Dublin, Aug. 26, 2024 -- The "Topological Quantum Computing Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2019-2029F" report has been added to ResearchAndMarkets.com's offering.Global Topological Quantum Computing Market was valued at USD 2.08 billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 20.19% through 2029.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Nvidia earnings 'absolutely key to the AI infrastructure trade'Why Nvidia’s results will be a “key” test for the AI trade.
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

What this analyst is looking for in Nvidia earnings next weekNvidia (NVDA) is gearing up to release its second quarter earnings results next Wednesday, August 28; however, analysts at KeyBanc reiterated their...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Why you should take profits on hot AI stocks like NvidiaSome of the most popular names in tech and AI have seen their fortunes turn during a surprise sell-off that has caught many investors flat-footed. Extremely ...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »