Reported about 1 year ago
Stocks struggled at the end of a strong quarter, with high-flying tech shares like Nvidia experiencing renewed volatility. Amazon reached a $2 trillion valuation, while market breadth remained weak. David Bahnsen from The Bahnsen Group expressed caution over excessive investor sentiment and overdone momentum in tech, emphasizing the need for rightsizing tech exposure. UBS Global Wealth Management remains positive on AI investments despite Nvidia's volatility, while other experts highlighted the risk of excessive stock valuations and falling correlations in the market.
Source: YAHOO