AI-Fueled Stock Market Rally Is Like the Dot-Com Era: David Rosenberg
"I think that we have a price bubble," veteran economist David Rosenberg said, comparing the market cycle to the dot-com era's collapse.
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"I think that we have a price bubble," veteran economist David Rosenberg said, comparing the market cycle to the dot-com era's collapse.
Insider's Phil Rosen explains what's behind the key chip stock's meteoric rise.
Short sellers who bet against Nvidia lost billions of dollars in a single day as the chipmaker's stock staged a stunning rally.
Nvidia Corp closed in on a trillion-dollar market value on Thursday as shares surged 25 per cent following a bumper earnings report.
"Yesterday's rebound gives the S&P 500 a better chance of confirming last week's breakout above cloud-based resistance [of] 4,155," Stockton said.