The growth of short video formats, augmented and virtual reality and the creator economy, plus the convergence of e-commerce and advertising and the ongoing impact of Apple’s ad changes, are key themes for 2022. Read More...
Motley Fool
Why Nvidia Stock Dropped Today
After initially trading up on generalized enthusiasm or tech stocks (in the wake of yesterday’s Microsoft-Activision Blizzard merger announcement), shares of semiconductor giant Nvidia (NASDAQ: NVDA) took a turn for the worse Wednesday, and are now down 2.6% as of 11:30 a.m. ET. At its current valuation of 93 times trailing earnings, Nvidia is one very pricy stock. The average valuation of stocks on the S&P 500, for example, is just 26 times earnings, meaning Nvidia shares cost more than three times the average.
