Nvidia CEO Jensen Huang told employees this week that the company has been pushed into a no-win situation by mounting fears of an AI bubble, even as it continues to post blockbuster results, according to audio of an internal all-hands meeting reviewed by Business Insider. “The market did not appreciate our incredible quarter,” Huang said…
Analysts might argue you can’t have a bubble without a burst. With markets nearing correction territory, some investors might be wondering if the time to sell is nigh—but hedge fund founder Ray Dalio believes there’s no need to panic just yet. The founder of Bridgewater Associates agrees with the general consensus that stocks are in…
Global financial markets are nervous. We know this because Wall Street’s fear index, the VIX, surged 12 per cent overnight to 26 points. Tech rally fizzles out Wall Street investors have been on a rollercoaster ride overnight, with an early tech rally on Nvidia’s results soon replaced by a big sell-off, and the ASX set…
Qualcomm CEO Cristiano Amon said it’s too early to call winners in the AI race, comparing the current boom to the dot-com era while predicting the technology will bring long-term, transformative impact. His comments come amid growing concerns from industry leaders that soaring AI valuations may signal a developing market bubble. Cristiano Amon, the CEO…
The stock market may look like it’s on a high, but according to Goldman Sachs (GS), it hasn’t crossed into bubble territory. “There are elements of investor behaviour and market pricing currently that rhyme with previous bubbles,” Peter Oppenheimer, Goldman’s chief global equity strategist, wrote in a new note. “However, we see key differences.” The…
The “Warren Buffett Indicator” is a simple yardstick that compares the total U.S. stock market’s value to the size of the U.S. economy. It’s recently surged above 200%, a level Buffett once warned is like “playing with fire,” signaling stretched valuations versus economic output. It’s soared because market values have risen far faster than GDP,…
Chip giant Nvidia is set to report second-quarter financial results, seen as a bellwether for the industry as worries about a tech bubble rise (I-Hwa Cheng) Asian markets diverged Wednesday morning following broad losses the previous day, as attention turns from political pressure on the US central bank to a key earnings report by AI…