Nvida

The S&P 500 closed lower on Monday, weighed down by a drop in AI giant Nvidia ahead of its highly anticipated quarterly report this week. Investors are also awaiting key inflation data for more clues on the Federal Reserve’s interest rate cut plans.

Nvidia’s shares soared again on Tuesday, continuing their significant recent gains on an otherwise subdued day for the stock market. 

US stocks saw gains but ended the week mixed due to inflation concerns triggered by robust economic data and Nvidia’s impressive first-quarter earnings report.

In the fast-paced realm of the stock market, the semiconductor industry is currently at an all-time high, featuring standout players like Super Micro Computer Inc (SMCI) and Nvidia (NVDA). This surge, marked by an exponential trajectory, prompts a crucial exploration into the potential onset of a market mania. History warns us that manias, while exhilarating, […]