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Markets Rise Despite Nvidia’s Drop

The markets rose Thursday despite Nvidia falling after its outlook failed to inspire after a massive rally. Anthony Saglimbene, chief market strategist at Ameriprise Financial says that’s likely because Nvidia doesn’t have as big an influence as originally thought. Investors will now be looking at less homogenous trading in big tech, and more focus on…

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The markets rose Thursday despite Nvidia falling after its outlook failed to inspire after a massive rally. Anthony Saglimbene, chief market strategist at Ameriprise Financial says that’s likely because Nvidia doesn’t have as big an influence as originally thought. Investors will now be looking at less homogenous trading in big tech, and more focus on where the payoff is for AI. He speaks on “Bloomberg Technology.”
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2 Comments

2 Comments

  1. @joodahmad

    August 29, 2024 at 6:08 pm

    If the Fed wanted to lower inflation then they have to address the root cause. And the root cause is the outrageous price of gasoline and diesel which causes everything to increase in price. The oil companies and refineries are gouging, period. The government needs to make an example of one oil company, national it, the other oil companies will crap  their pants and lower the fuel cost instantly. If the oil companies don’t lower their prices then the government just orders their newly nationalized oil company to compete against the other oil companies. I don’t think this will happen because the government is in big oils back pocket. And the government wants inflation high to deal with the 31 trillion in debt. if you are losing in the current dip or you look forward to start the best way to go is trading with the guidance of an expert. Sharon Teater has been one step ahead of other analysis, with his strategy I was able to accumulate 15.03 Btc lately.

    • @user-qh7yr8lz2u

      August 29, 2024 at 6:10 pm

      Access to good information is what we investors needs to progress financially and generally in life. this is a good one and I appreciate

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Bloomberg Technology

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

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. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:   Get…

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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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Bloomberg Technology

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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