Reported 6 months ago
In the latest episode of Market Domination Overtime, hosts Julie Hyman and Jared Blikre analyze the week's market activity, highlighting the major indexes' retreat from record highs due to Nvidia's earnings report and stock split announcement. Charles Schwab's head trading strategist, Joe Mazzola, joins to provide insights on the market's volatility throughout the week. The article also covers Nvidia's strong performance, the impact of stock splits on market momentum, and the growing importance of AI in various industries, especially in autonomous driving technology. As traders navigate uncertainties related to inflation, consumer spending, and crowded AI trades, the article suggests that tech stocks like Nvidia continue to be favored despite perceived overcrowding.
Source: YAHOO