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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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Bloomberg Technology

Nvidia’s Magic Fades | Bloomberg Technology

Bloomberg’s Caroline Hyde discusses the latest sentiment around Nvidia as investors cool on the AI darling despite posting an earnings beat. And, the new Trump administration is said to be mulling a first-ever crypto policy role. Plus, Palo Alto Networks sees easier “fixes” ahead in cybersecurity as the world moves from hardware to software. ——–…

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Bloomberg’s Caroline Hyde discusses the latest sentiment around Nvidia as investors cool on the AI darling despite posting an earnings beat. And, the new Trump administration is said to be mulling a first-ever crypto policy role. Plus, Palo Alto Networks sees easier “fixes” ahead in cybersecurity as the world moves from hardware to software.
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Palo Alto CEO Says Regulations May Get Easier Under Trump

Nikesh Arora, CEO of Palo Alto Networks, says M&A could potentially move quicker under the new Trump administration as they take on a more deregulatory tone. He joins Caroline Hyde to discuss on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with…

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Nikesh Arora, CEO of Palo Alto Networks, says M&A could potentially move quicker under the new Trump administration as they take on a more deregulatory tone. He joins Caroline Hyde to discuss on “Bloomberg Technology.”
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JPMorgan Chase Chief Data and Analytics Officer Teresa Heitsenrether talks about how the company is using an artificial intelligence assistant called LLM Suite. She speaks to Bloomberg’s Caroline Hyde at the Evident AI Symposium in New York.
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