Reported 2 months ago
Nvidia shares surged over 6% following comments from Goldman Sachs strategist Scott Rubner, who referred to the company as the 'most important stock' of the year. He highlighted the potential for bullish momentum due to Nvidia's upcoming earnings report and the Federal Reserve's Jackson Hole Economic Symposium, which he believes could set the stage for a market rally. However, Rubner also warned investors to prepare for possible challenges in the second half of September before anticipating new market highs in late 2024.
Source: YAHOO