Nvidia is almost an asset class by itself, so big that it moves the market around. It briefly became the biggest company in the world this week, and has broken the stock market’s relationship with interest rates. My latest column is on the split between the runaway success of Nvidia and the dismal performance of much of the rest of the market—where the S&P 500 keeps hitting new highs, even though more of its stocks are down than up this month. Read More...
Nvidia is almost an asset class by itself, so big that it moves the market around. It briefly became the biggest company in the world this week, and has broken the stock market’s relationship with interest rates. My latest column is on the split between the runaway success of Nvidia and the dismal performance of much of the rest of the market—where the S&P 500 keeps hitting new highs, even though more of its stocks are down than up this month.
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