2024-06-25 14:02:17 ET
Summary
- Nvidia's stock is down 16% in 5 days, and this could be the beginning of the AI bubble burst.
- However, the broad market indices such as the S&P 500 are still stable.
- The next stage of the bubble burst is likely to be triggered by a systematic event, as the macro environment deteriorates, and the political/geopolitical situation escalates.
The bubble burst
Here is the fact, NVIDIA Corporation's stock ( NVDA ) is down by almost 16% over the last five days....
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For further details see:
The Bubble Burst Has Started, Beware Of 'Smoke And Mirrors'