Amazon (NASDAQ: AMZN) and Walt Disney (NYSE: DIS) are two companies that fit into this category. E-commerce is likely the first thing that pops into investors' heads when they hear the word Amazon. The result of this is a price-to-sales multiple of only 2.3 for Amazon, making the stock the cheapest it's been since 2016. Read More...
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Why Nvidia Stock Fell 15% This Week
Shares of Nvidia (NASDAQ: NVDA) plunged this week after the company’s stock received a price target cut, some analysts had a few negative comments about the chip market, and investors worried that comments made from another chip company about slowing demand might mean bad news for Nvidia as well. Investors panicked a bit on all this news and sent the semiconductor stock falling 15.3% over the past week. Nvidia started off the week with Morgan Stanley warning that there could be a potential slowdown in demand for graphics processors as Ethereum, a leading blockchain and cryptocurrency, switches to a proof-of-stake model and away from its current proof-of-work setup.
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