Not even a banking crisis or recession fears have been able to stop the US market’s gravity-defying run this year – with the S&P 500 being a mere single digit percentage increase away from its all-time high. This can once again be attributed to the hypertrophy of the tech sector.
Not even a banking crisis or recession fears have been able to stop the US market’s gravity-defying run this year – with the S&P 500 being a mere single digit percentage increase away from its all-time high. This can once again be attributed to the hypertrophy of the tech sector.Not even a banking crisis or recession fears have been able to stop the US market’s gravity-defying run this year – with the S&P 500 being a mere single digit percentage increase away from its all-time high. This can once again be attributed to the hypertrophy of the tech sector.Not even a banking crisis or recession fears have been able to stop the US market’s gravity-defying run this year – with the S&P 500 being a mere single digit percentage increase away from its all-time high. This can once again be attributed to the hypertrophy of the tech sector.
- The frenzy is also driving up the prices of the other members like Apple
- The frenzy is also driving up the prices of the other members like Apple
- The frenzy is also driving up the prices of the other members like Apple
The overall picture
The current situation
What has sent Nvidia’s prices soaring is its role in generative AI and the market’s seemingly unbridled enthusiasm over the technology.
The frenzy is also driving up the prices of the other members like Apple, Microsoft and Alphabet and is not exclusive to the US either, with the French start-up Mistral AI recently raising AUD$167 million in Europe’s largest-ever seed round ’ without even having a product yet.
What has sent Nvidia’s prices soaring is its role in generative AI and the market’s seemingly unbridled enthusiasm over the technology.
The frenzy is also driving up the prices of the other members like Apple, Microsoft and Alphabet and is not exclusive to the US either, with the French start-up Mistral AI recently raising AUD$167 million in Europe’s largest-ever seed round ’ without even having a product yet.