Reported 2 months ago
Investors remain skeptical about purchasing shares of major tech companies after recent price declines, as many believe valuations are still too high despite drops in stock prices. Noteworthy companies like Nvidia, Amazon, and Tesla have seen significant losses, prompting caution in the market. While some analysts suggest that a buying opportunity may exist as valuations become more appealing, the prevailing sentiment is cautious, with many investors preferring to keep their distance amid concerns over the sustainability of the AI-driven tech boom.
Source: YAHOO