Page 6 - Rob Arnott News Today

Nvidia and Lam Research are hot semi plays that could be driven higher by the AI trend

AI will change the world, analyst says, but investors should be wary of a ‘great company priced beyond perfection’.

Individually, none of these bearish prophecies have slowed a market rally that has added $5 trillion to the Nasdaq 100s value since December. But when they start exerting fresh pressure all at once, even the boldest proponents of artificial intelligence can be forgiven for feeling sheepish.

Two-thirds of companies that mentioned AI on earnings calls saw their stocks rally, according to a study from Wall Street Zen.

(Bloomberg) -- People on Wall Street have taken potshots at tech stocks all year. Surging valuations and elevated interest rates doom them. Earnings forecasts are a fantasy. Regulators are set to break up their sprawling monopolies. Most Read from BloombergEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsUS Probes Made-in-China Chip as Tensions Flare Over TechnologyHong Kong to Ease Shutdown After Record Rain Overwhelms CityBoss of Failed Crypto Exchange Gets 11,000-Year Se

Two-thirds of companies that mentioned AI on earnings calls saw their stocks rally, according to a study from Wall Street Zen.

(Bloomberg) -- China’s leading internet search provider Baidu Inc. may get a fresh tailwind from the sooner-than-expected launch of its ChatGPT-like Ernie Bot, reigniting a rally that boosted its market valuation by $23 billion from last year’s trough.Most Read from BloombergChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsReturn-to-Office Is a $1.3 Trillion Problem Few Have Figured OutBillion-Dollar...

"Would Nvidia's popping bring down the whole market? "It's very possible," Research Affiliates founder Rob Arnott said.

None Nvidia stock has formed a bubble and should it pop, that could trigger a total market crash, investing legend Rob Arnott said. • None He classed the…

Rob Arnott, a quantitative-investing pioneer known for steering investors out of complacency, says the chip maker is “a great company priced beyond perfection.”