Nvidia's share price has declined after an initial surge following its 10-for-1 stock split in June. There's no way to know for sure if this pullback is the beginning of a big slide or only a temporary dip.
Amid reports that Nvidia (NASDAQ: NVDA) is facing charges from the French antitrust regulator for allegedly anti-competitive practices, as well as investors starting to rotate out of the chip heavyweight, the price of the company's stocks has started to feel their consequences.
NVIDIA Corp (NASDAQ:NVDA, ETR:NVD) is set to face charges from the French antitrust regulator for alleged anti-competitive practices, following dawn raids in the graphics cards sector last September, according to a Reuters exclusive. These raids were part of a broader investigation into cloud computing.
Der DAX zeigt sich am Dienstag schwächer. Die Geschichte spricht jedoch für eine starke 2. Jahreshälfte im S&P 500, von der auch der DAX profitieren sollte.
The advent of generative AI has already been a boon to Nvidia and its shareholders, but this could be just the beginning. While some investors fear the low-hanging fruit has already been picked, others believe there's much more to come.
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