Stock Market News: Elon Musk Says Nvidia Stock Will Fall In Price! CAVA Stock IPO Analysis!
I’ve got some exciting news to share about Nvidia and a warning straight from the mouth of Elon Musk himself. Brace yourselves, because things are about to get interesting! Now, you’ve probably heard about Nvidia’s recent milestone of joining the exclusive trillion-dollar club. Yes, you heard that right! Nvidia’s market cap briefly crossed a whopping $1 trillion mark in late May, putting it in the league of tech giants like Apple, Amazon, Google, and Microsoft, some of which have even surpassed the $2 trillion mark. Talk about an impressive company! But why is Nvidia skyrocketing? Well, the pandemic played a significant role here. With the rise of remote work and the booming artificial intelligence (AI) industry, the demand for semiconductors, which Nvidia specializes in, went through the roof. And guess what? Almost everyone agrees that AI is the next big thing in tech. In fact, OpenAI’s ChatGPT, a viral AI tool, has already reached a mind-blowing milestone of 100 million active users in just two months. That’s faster growth than anything we’ve seen in the past two decades, folks! Now, you might be thinking, “Hey, Nvidia sounds fantastic, but the stock’s value seems a bit too high for my taste.” And you know what? You’re not alone. Many retail investors are feeling the same way. But fear not, my friends, because I’ve got a hot tip for you. Consider investing in AI-powered startups like Gameflip on popular crowdfunding platforms. They offer a more accessible and feasible alternative to diving into Nvidia’s expensive stock. These startups can ride the wave of the AI boom without worrying about temporary market reversals. Speaking of winners, Nvidia has been dominating the stock market for years now. With a mind-blowing 165% surge year to date and a staggering 130% increase over the past year, Nvidia is one of the biggest winners of the pandemic and the recent focus on AI. Analysts are bullish on this tech powerhouse, with some even calling it the most important company on the planet. Yes, you heard that right! CFRA Research analyst Angelo Zino believes that Nvidia’s AI chips and graphics processors make it the crown jewel of the tech industry. But wait, there’s more! Nvidia’s CEO, Jensen Huang, believes that the company is set for a giant record year.
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Disclosure: This video was done by myself, and it expresses my own opinions. This is not investment advice or financial advice and it should not be taken as investment advice or financial advice in any way shape or form. I am not receiving any form of compensation for this video from the company or organization that I am expressing opinions about. This video is for entertainment and or educational purposes only.
SOURCES: https://finance.yahoo.com/news/elon-musks-latest-warning-nvidia-190012531.html?ref=biztoc.com
https://finance.yahoo.com/news/the-cava-ipo-had-a-secret-ingredient-132603688.html
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