Reported 2 days ago
Nvidia Corp's upcoming earnings report marks a significant moment for the AI sector, which has notably driven market growth in recent years. The tech industry is showing signs of caution, as key AI-related stocks have fluctuated, despite a nearly 170% rise in a representative basket of AI stocks since late 2022. Nvidia's rise to a $4 trillion market value has underscored its dominance in AI, contributing significantly to the S&P 500's performance this year. However, concerns about market concentration and the sustainability of current valuations loom large.
Source: YAHOO