NVDA240816P111000
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NVIDIA Newsroom
Here's Why Nvidia Stock Jumped Today
Tuesday's Big Stock Stories: What's Likely to Move the Market in the Next Trading Session
Nvidia and 2 More Stocks to Play a Chip Rebound
NVIDIA Talks How AI Will Transform Graphical Computation On Consumer GPUs: Transforming Pixels Into Visual Perception
A July CPI Inflation Miss Could Push Stagflation Fears Back Into the Market, BofA Says
Goldman Sachs tech expert says there is a narrow buying opportunity for US stocks by the end of the month. The proportion of US consumers expecting to default on their debts has risen to the highest level since 2020.
The top news that global financial media together focused on last night and this morning included: Goldman Sachs technology experts who accurately predicted the decline of US stocks pointed out that there is a narrow window of buying on dips at the end of the month. Scott Rubner, director and technical expert of Goldman Sachs Group, said that as the selling pressure from systematic funds eased and the company increased share buybacks, investors will welcome a brief window of buying on dips in US stocks at the end of the month. "This will be the last time I short the stock market in August, because the supply-demand imbalance in the stock market, which was most severe in August, will end," Rubner, Goldman Sachs' global market director and technical expert, wrote in a report to customers on Monday. He said he would do so in August.
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