Nvidia has fallen, and bitcoin has crashed, but the US stock market continues to move forward under heavy pressure.
Despite the slump in nvidia stock prices, the volatility of the bitcoin market, and even the political uncertainty caused by Joe Biden's debate defeat, the S&P 500 index still maintains its upward momentum. This week, led by tech giants, the S&P 500 index achieved a weekly gain of 2%, its best performance since April. This week, growth tech stocks, including google, apple, microsoft, and Meta, all rose with the exception of nvidia. Market sentiment has improved significantly due to heavyweight economic data support for interest rate cuts. Many believe that the US economy is still in an expansionary phase, enough to avoid a recession, while the Fed
Reached the limit? Nvidia suffers from rare downgrading, voices of "concern" arise on Wall Street.
Analyst warning!
Why Nvidia Just Got a Rare Stock Downgrade
Tech Trader: Nvidia's Rally Raises Big Question. When To Sell? -- Barron's
By Tae Kim This article is from the free weekly Barron's Tech email newsletter. Sign up here to get it delivered directly to your inbox. Ride On. Hi everyone. It's good to be back from my book leave
Nvidia (NVDA.US) was downgraded due to valuation concerns, while Advanced Micro Devices (AMD.US) and Taiwan Semiconductor (TSM.US) are still favored.
Pierre Ferragu, an analyst at New Street Research, downgraded Nvidia's rating from Buy to Neutral.
What Nvidia Investors Can Learn From the Roaring '20s and the Radio Bubble
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Non-farm employment boosts the expectation of interest rate cuts, S&P Nasdaq hits new highs again, Tesla rose nearly 38% in eight days, Nvidia stalled, and US Treasury yields fell sharply.
The US non-farm payroll report strengthens expectations of an interest rate cut in September. The US non-farm payroll report shows that 206,000 new jobs were added in June, higher than the expected 190,000, but significant downward adjustments in non-farm new employment in April and May offset the impact of June's better-than-expected numbers. In addition, the unemployment rate unexpectedly rose to its highest level in two and a half years, while wage growth fell to its lowest level in three years, increasing signs of a cooling labor market in the United States. Commentators say that solidifying expectations of an interest rate cut in September will require support from another round of data, as well as more importantly, inflation data next week and data next month. Analysts also say that recent data is "
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Form 144 | NVIDIA(NVDA.US) Officer Proposes to Sell 15.26 Million in Common Stocks
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