Stock Market Outlook: Nvidia Earnings Disappointment Could Spur Quick 10% Crash
Investors have been buying any dips in the stock market. But that trend could soon be exhausted, Peter Tchir said.
Source: businessinsider.com
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Investors have been buying any dips in the stock market. But that trend could soon be exhausted, Peter Tchir said.
This new price target is phenomenal -- but so are Nvidia's growth rate and pricing power.
The next couple of years in the artificial intelligence space are going to be very competitive.
Michael Burry's Scion Asset Management added a raft of US stocks to its portfolio last quarter, more than doubling its total value to $95 million.
Nvidia shares are up 3.64% in the past 5 days alone, with a market cap now equal to $1.83 trillion, more than Alphabet's $1.82 trillion.