Core Viewpoint - Nvidia's stock has experienced a significant downturn recently, with an 8.97% decline in the last five trading days, following an 800% increase since the AI boom began in late 2022, resulting in a current stock price of $113.74 [1][3]. Group 1: Stock Performance - Nvidia's stock has been trading within a wide range of $106.30 to $136.15 over the past month, currently near the lower end of this range [2]. - A market expert warns of a potential further decline of 16.9%, which could bring the stock price down to $94.53, erasing gains made since early May [3]. - The current stock volume dynamics indicate high selling pressure and low buying volume, suggesting that a collapse may have already begun [3]. Group 2: Factors Behind the Downturn - Concerns about possible further sanctions against China, a key buyer of advanced chips, have been linked to Nvidia's stock market troubles [4]. - The semiconductor and broader technology sectors have faced a sharp downturn in July, with Nvidia's new microchip model failing to halt the decline [4]. - Significant insider selling, including the CEO's sales worth over $250 million in July, has exacerbated the situation [4]. Group 3: Market Dynamics and Valuation Concerns - There are fears that the AI boom has created a bubble that could lead to a potential 98% crash in Nvidia's stock [5]. - Nvidia's price-to-earnings (P/E) ratio stands at 66.16, indicating a fragile and unsustainable market valuation [5]. - Despite warnings, some analysts believe Nvidia's stock may be undergoing a correction rather than a crash, citing confidence in the AI boom's longevity [5].

Apple (NASDAQ: AAPL) may be set to erase much of its stock market gains accrued since its May earnings report and July 10 partnership with OpenAI, as the company is reportedly postponing the release of ‘Apple Intelligence’ from September to October, according to reports from July 28.Additionally, though the delay is justified by the need to refine further and improve the artificial intelligence (AI) features, users may find themselves somewhat underwhelmed even when the integration is finally complete, as t ...

2024 has been marked by an impressive market rally that has seen most of the major indexes reach new all-time highs multiple times, meaning that U.S. stocks have been on a months-long bull run that has only recently shown signs of diminishing.Insiders from the largest publicly traded U.S. companies have used this period to offload their stock holdings and take profits to a level not seen in over a decade, according to research by Nejat Jon Seyhun from InsiderSentiment.com.Only about 15% of publicly traded f ...

The excitement surrounding artificial intelligence (AI) has been a major driver of the stock market rally this year, with the market value of generative AI estimated to be around $1 trillion. AI’s potential to enhance productivity and transform industries such as marketing, healthcare, and manufacturing has fueled a surge in demand for leading tech companies. This surge has significantly boosted the stock prices of firms specializing in semiconductors and servers.In this context, Finbold analyzed the ongoin ...

Meta Platforms (NASDAQ: META) is scheduled to release its Q2 2024 earnings results on July 31, coinciding with the stock’s high year-to-date performance.Although the stock has experienced volatility in recent days, it is still trading in the green YTD with gains of over 34%. Notably, the volatility is highlighted on the weekly chart, where the stock is down over 4% after being impacted by the slowdown affecting the general tech space. As of the close of markets on July 26, META was trading at $465.META YTD ...

Meta Platforms (NASDAQ: META), with a market cap exceeding $1 trillion, is primed for significant growth, buoyed by robust artificial intelligence (AI)  integration across Facebook, Instagram, and WhatsApp. This technological edge has resulted in a 32% year-to-date rally. Despite these gains, Meta remains undervalued compared to its peers in the ‘Magnificent Seven’ group. Extensive AI investments and strategic advancements underscore Meta’s potential for continued growth, with a bullish price target of $800 ...

In recent months, insiders of semiconductor giant Nvidia (NASDAQ: NVDA) have been under scrutiny for sustained stock selling after months of significant gains.Among the executives is CEO Jensen Huang, who sold a substantial amount of his stake in July alone.Particularly, according to data by TrendSpider shared in an X post on July 27, Huang executed 18 sell transactions, totaling an astonishing $259.7 million. The breakdown of his sales reveals a consistent offload of shares, with the largest transaction oc ...

Despite meeting analysts’ expectations in its recent earnings report, Alphabet (NASDAQ: GOOGL) stock experienced a notable sell-off. This downturn was primarily driven by CEO Sundar Pichai’s comments on the prolonged timeline for artificial intelligence (AI) to yield significant returns. According to sources, Pichai emphasized the need for continued efforts to unlock AI value, which led to profit-taking among traders in the tech sector.In Q2 2024, Alphabet posted strong results in search advertising and clo ...

Pharma stocks can be strong investments regardless of economic conditions, as this stability arises because the demand for medications and healthcare services remains steady, even when prices rise. Pharmaceutical stocks tend to be more resilient during economic downturns due to steady demand, which is bolstered by the healthcare insurance that covers the cost of most drugs on the market, ensuring a steady supply.This makes them a reliable option for investors looking for stability and picks to carry on thei ...

Semiconductor giant Nvidia’s (NASDAQ: NVDA) venture into chips supporting artificial intelligence (AI) models has elevated the company’s stock to emerge as the sector’s leader.However, based on the stock’s recent price fluctuations, concerns are emerging that the rally witnessed in 2024 might end. Particularly, in an X post on July 25, Puru Saxena, the founder of AlphaTarget research firm, shared a stark assessment of Nvidia’s stock performance, signaling that the era of exponential gains for the “AI King” ...