Tech Geek on Nostr: Nvidia's huge stock rally is still exerting an outsized influence over the S&P 500 ...
Nvidia's huge stock rally is still exerting an outsized influence over the S&P 500 index, reinforcing concerns that broader markets could be hurt if the chipmaking giant's fortunes turn.
This year's 140% surge in shares of Nvidia, whose chips are seen as the gold standard in artificial intelligence applications, has accounted for about a quarter of the S&P 500's 17% gain.
Published at
2024-09-16 16:12:58Event JSON
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"content": "Nvidia's huge stock rally is still exerting an outsized influence over the S\u0026P 500 index, reinforcing concerns that broader markets could be hurt if the chipmaking giant's fortunes turn.\n https://yakihonne.s3.ap-east-1.amazonaws.com/ad6a909b8dfd6e278f94881d83dbd5ad5f9260c7502175059b29042e589fb93c/files/1718937359583-YAKIHONNES3.jpg \nThis year's 140% surge in shares of Nvidia, whose chips are seen as the gold standard in artificial intelligence applications, has accounted for about a quarter of the S\u0026P 500's 17% gain.",
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