The cryptocurrency market has experienced a notable surge in AI-related tokens this week, reflecting the excitement surrounding Nvidia’s recent ascendancy. Fetch.ai (FET) emerged as the leader, with its value soaring by an impressive 23% in the last 24 hours. This surge coincides with Nvidia’s historic rise to the top, overtaking Microsoft as the world’s most…
The fervor in the US stock market showed no signs of abating on Tuesday, as the S&P 500 hit yet another record high. However, the most captivating story was the rise of chipmaker giant Nvidia. Nvidia’s Meteoric Rise Fueled by relentless momentum in artificial intelligence (AI), Nvidia’s stock price surged 3%, surpassing Microsoft to become…
The stock market is currently presenting a mixed picture. While tech giants like Apple, Microsoft, and Nvidia compete fiercely for the title of “most valuable company,” other sectors and indices are lagging. This article delves into the current market landscape and provides guidance for cautious investors. Tech Stocks Lead the Charge The Nasdaq surged last…
Chipmaker Nvidia boasts a staggering 25-fold performance lead over Apple since the start of 2024. This comes as Nvidia prepares to execute a highly anticipated 10-to-1 stock split. Year-to-date (YTD), Nvidia stock skyrocketed over 150%, while Apple shares gained a modest 6%, according to Nasdaq data. Even in the short term, Nvidia outpaces Apple, with…
Chipmaker Nvidia (NVDA) has been a major driver of the stock market recently, with its trading volume reaching record highs. However, some analysts are cautioning that this surge in enthusiasm might be unsustainable. An analyst firm, BTIG, points out that Nvidia’s daily trading volume is currently 90% above average and could reach 80 million shares….