A Look to the Week Ahead: AI AI AI AI AI AI AI AI AI AI AI AI AI AI
It's all about Artificial Intelligence
Last week's market movement summed up this year as a whole,
AI.
Nvidia's earnings, which even the biggest bears had to admit, were shocking.
With Q2 sales guidance coming in at $11B, representing over 50% growth from Q1 and far exceeding their previous record of $8B, the Artificial Intelligence era is here.
Nvidia added nearly $200B in valuation following their earnings report and is nearing a $1T valuation, with other tech stocks like AMD riding its coattails to new 52-week highs.
The Nasdaq Composite index chart now looks like a penny stock and has gone completely vertical as euphoria sweeps across financial markets.
Everyone wants a piece of the AI revolution.
Meanwhile...