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.
Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:
Nederland Laatste Nieuws, Nederland Headlines
Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.
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.
Bron: MarketWatch - 🏆 3. / 97 Lees verder »
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.
Bron: MarketWatch - 🏆 3. / 97 Lees verder »
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,...
Bron: MarketWatch - 🏆 3. / 97 Lees verder »
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.
Bron: MarketWatch - 🏆 3. / 97 Lees verder »
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...
Bron: MarketWatch - 🏆 3. / 97 Lees verder »