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Wall Street worried about Nvidia’s bubble bursting
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Wall Street worried about Nvidia’s bubble bursting
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11th March 2024, 07:50
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 153,575
 |  Wall Street worried about Nvidia’s bubble bursting Sky-high profits could be doomed Nvidia has been raking in cash with its unbeatable chips for artificial intelligence, but some ESG investment managers who made a fortune in the stock last year are now getting cold feet. Swedbank Robur Technology’s Kristofer Barrett, who made Nvidia the top holding last year, said he is hopeful for the long haul but admits that the valuation is not very appealing. The Swedbank fund, registered as "promoting" environmental, social and governance standards under European Union rules, returned 53 per cent in 2023. https://fudzilla.com/news/58597-wall...ubble-bursting |
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