AI broadening, Nvidia earnings, ether ETFs: Trading takeaways

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Nvidia News

Josh Schafer,Report Earnings,Record Highs

The S&P 500 (^GSPC) and Nasdaq (^IXIC) closed at record highs ahead of Nvidia's (NVDA) first quarter earnings. Yahoo Finance's Josh Schafer joins Asking for ...

AI has been dominating the market, and the utilities sector has been getting a boost as demand for new data centers increases. Utilities and energy are outperforming the S&P 500, and AI has become a leading topic in earnings across all sectors.

Less than 20% of companies are talking about a I fast forward to the first quarter of earnings which is the quarter We just went through over two thirds of companies talking about a I So people have been talking about a I sort of being an energy trade, right?Also, people believe it's gonna benefit companies in the utility sector.When you sort of think about OK, NVIDIA, it's gonna talk a lot about a I demand demand for their A I chips right.

I mean, I don't know what specific companies and we could have strategies on that can debate that with us.But at some point, the power has to come from somewhere.

 

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