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Big Tech Traders Are Not Buying the Dip

When the Nasdaq 100 Index extended a three-day slump into the double digits at its lowest point on Monday, only a minority of investors took the chance to load up on shares of Nvidia, Apple and other Big Tech names, with many traders unconvinced that the selloff is over. The Bahnsen Group CIO David Bahnsen…

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When the Nasdaq 100 Index extended a three-day slump into the double digits at its lowest point on Monday, only a minority of investors took the chance to load up on shares of Nvidia, Apple and other Big Tech names, with many traders unconvinced that the selloff is over. The Bahnsen Group CIO David Bahnsen joins Ed Ludlow to discuss the firm’s strategy to avoid Nvidia and other large tech stocks, anticipating a potential “disaster.” He speaks on “Bloomberg Technology.”
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7 Comments

7 Comments

  1. @MichaelLudden

    August 6, 2024 at 3:54 pm

    Yes they are

  2. @augustoliver2779

    August 6, 2024 at 4:15 pm

    Lol! I totally bought NVDA

  3. @cyfrowymuza

    August 6, 2024 at 4:28 pm

    BS

  4. @tshiamo_v

    August 6, 2024 at 5:54 pm

    Incredibly sound and clear-minded, its a nice break from all the speculative frauds/clowns we usually get to hear from

  5. @JULIANODESIOMBRA-zy1sg

    August 6, 2024 at 7:32 pm

    today the super micro SMCI presented a strong result, and even so it fell absurdly in the post market, and nvidia, despite being a great company with solid customers, also fell, and nvidia has a great legacy and will be worth more than 30 trillion dollars in the future . So this is market manipulation and they should be severely punished for acting like bandits on the stock exchange. I come to the conclusion that these scoundrels make a good company look bad. Draw your own conclusions as you will see these leeches lowering the price and making a profit on both buying and selling. These clowns are purposely causing a recession and it’s time for all American citizens to see this, they are embarrassing America, they are criminals and all American citizens should turn against what is happening in the stock market… this mountain -Russia has to end when the people revolt against all this trickery!

  6. @DerickStason

    August 6, 2024 at 7:35 pm

    I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks will be appreciated

  7. @swedesam

    August 6, 2024 at 8:12 pm

    Agree with Bahnsen.

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Why the AI Backlash Is Getting Worse

A Texas man has been charged with attempted murder of Sam Altman after he threw a Molotov cocktail at the tech CEO’s home last week. Prosecutors say that the suspect was carrying a document warning that artificial intelligence companies would cause humanity’s “impending extinction.” Sarah Frier joins Stacey Vanek Smith and Max Chafkin on the…

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A Texas man has been charged with attempted murder of Sam Altman after he threw a Molotov cocktail at the tech CEO’s home last week. Prosecutors say that the suspect was carrying a document warning that artificial intelligence companies would cause humanity’s “impending extinction.”

Sarah Frier joins Stacey Vanek Smith and Max Chafkin on the Everybody’s Business podcast to discuss why the backlash against all things AI is getting worse.
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UK Executives See More AI Job Cuts

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Half of UK executives now think AI will mean fewer jobs over the next decade — with young workers expected to be hardest hit.

Irina Anghel explains.
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NASA’s Proposed Budget ‘Slap in the Face,’ Nye Says

Bill Nye, also known as “The Science Guy,” and The Planetary Society chief ambassador, calls the proposed budget for NASA a “slap in the face,” especially after all that was accomplished with the Artemis II mission to the moon. He spoke to Bloomberg The Close on Monday. ——– Like this video? Subscribe to Bloomberg Technology…

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Bill Nye, also known as “The Science Guy,” and The Planetary Society chief ambassador, calls the proposed budget for NASA a “slap in the face,” especially after all that was accomplished with the Artemis II mission to the moon. He spoke to Bloomberg The Close on Monday.
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