Nvidia rebound adds US$400 billion in market value over four days

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 42 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 44%
  • Publisher: 50%

Artifical Intelligence ข่าว

Business,Company News,Industry

It’s been a rough six weeks for Nvidia Corp. shareholders. A historic dip that erased record market value from the company was followed by a four-day stretch of stomach-churning volatility. Now, though, signs are emerging the worst might be over.

Jeran Wittenstein and Carmen ReinickePierre Ouimet, head investment strategist at UBS Canada, joins BNN Bloomberg to evaluate interest rate outlook.

“There was a lot of positive news for Nvidia out of the hyperscalers this earning season, but the carry trade impact was so massive it didn’t matter,” said Ivana Delevska, founder and chief investment officer of Spear Invest. “Now that that technical pressure has abated, there’s been a return to the fundamental story, and that’s why we’re seeing this spike.”

But for now, the selloff has attracted legions of dip buyers. Hedge funds to retail investors are bullish on the long-term trajectory of artificial intelligence and may be positioning ahead of what’s expected to be a solid quarterly earnings report from Nvidia, due at the end of the month. Results from megacap technology companies so far show that some of Nvidia’s largest clients — Microsoft Corp., Amazon.com Inc., Alphabet Inc. and Meta Platforms Inc.

เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 83. in TH
 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Nvidia, ASML, and TSMC stocks are getting hammered — here's whyChip stocks are getting hammered. Reasons why include a media report that the US is considering tighter export restrictions and a broader rotation out of Big...
แหล่ง: YahooFinanceCA - 🏆 47. / 63 อ่านเพิ่มเติม »