CNBC Fast July 4, 2024
Cracks forming in the a. I. Led rally. Nvidia continued its decent today, dropping 5 the stock down over 11 from its alltime high hit less than a month ago. And yesterday, we got that warning from data dog, those shares fell another percent and a half today, the lowest close since midmay. And theres super micro, shedding 23 the Company Warning about weak demand for its a. I. Servers. The nasdaq closed below its 50day moving average for the first time in five months. So, is this the canary in the coal mine . Could there be more danger ahead . If we are to believe that a lot of gains were built ...