Long-Time Nvidia Investor Trims Holdings as AI Rally Overheats

Bloomberg2023-06-03

Global CIO Melman says overweight on Nvidia is now far smallerNotes AI-fueled rally has made stock valuations too expensive(Bloomberg) -- One of Nvidia Corp.’s long-term investors is trimming bets on ...

Source Link
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Guavaxf30
    2023-06-03
    Guavaxf30
    Yup. I think so too.
  • MagNet
    2023-06-03
    MagNet
    Experts will soon share their valuable expertise and advise to underweight now that they have sold and opened their shorts.
    • JP24
      it will become like dotcom bubble crash.
Leave a comment
1