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Nvidia Shares Plummet Amidst AI Stock Sell-Off

As of 2023, Nvidia's stock price has grown by approximately 146% year-to-date, driven by its dominant position in AI chip technology and strong demand for its GPUs. Nvidia shares experienced their most significant single-day decline, dropping over 9% on Tuesday amid a broader sell-off in artificial intelligence (AI) stocks. The market's retreat from AI stocks…

ByPexecoSeptember 4, 20240Comments

Stocks

How Much Hype is Left in Nvidia’s Stock? Investors Await Crucial Earnings Report

The European Commission has significantly reduced the import duty on Tesla vehicles manufactured in China, potentially paving the way for a surge in sales across the region. Chinese EV exports to the EU experienced a sharp decline in response to the proposed tariffs. Nvidia has ridden Wall Street's mania around artificial intelligence to become one…

ByPexecoAugust 22, 20240Comments

TOP Stocks

Top Stocks To Watch in June

The S&P 500 this year had its best May since the rip-roaring days of 2020, rising 4.8% over the month. However, much of that gain came at the beginning of the month as Wall Street cheered encouraging economic data and a slew of earnings reports showing the resilience of corporate earnings. The ebullience fizzled out…

ByPexecoJune 4, 20240Comments

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Nvidia Shares Plummet Amidst AI Stock Sell-Off

How Much Hype is Left in Nvidia’s Stock? Investors Await Crucial Earnings Report

Top Stocks To Watch in June