Echoes of dotcom bubble haunt AI-driven US stock market
8 months, 4 weeks ago

Echoes of dotcom bubble haunt AI-driven US stock market

The Hindu  

A U.S. stock rally supercharged by excitement over artificial intelligence is drawing comparisons with the dotcom bubble two decades ago, raising the question of whether prices have again been inflated by optimism over a revolutionary technology. A small group of massive tech stocks including AI chipmaker Nvidia symbolize today's market, recalling the "Four Horsemen" of the late 1990s: Cisco, Dell, Microsoft and Intel. Echoing the dot-com boom, the information technology sector has swelled to 32% of the S&P 500's total market value, the largest percentage since 2000 when it rose to nearly 35%, according to LSEG Datastream. While both stocks have soared, Nvidia trades at 40 times forward earnings estimates, compared to Cisco's 131 level reached in March 2000, according to Datastream. "Our base case is that this tech bubble won't burst until the valuation of the overall market has reached the sort of level that it did in 2000," Capital Economics analysts said in a note.

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History of this topic

What the dot-com bust can tell us about today’s AI boom
3 weeks ago

What the dot-com bust can tell us about today’s AI boom

Live Mint  

Twenty-five years ago this week, the Nasdaq Composite Index hit its dot-com-era peak after soaring more than 500% in five years. And investors are racing to give the companies still more money at ever-higher prices to build even bigger clusters of AI chips to fill out new, cavernous data centers. That is opposed to “bad bubbles" in which people speculate …

Stock market today: Wall Street falls sharply as Nvidia tumbles 8.5% and AI mania falters
Trending News
1 month ago

Stock market today: Wall Street falls sharply as Nvidia tumbles 8.5% and AI mania falters

Associated Press  

NEW YORK — U.S. stock indexes fell sharply Thursday as Wall Street’s frenzy around artificial-intelligence technology faltered some more. Concerns about the U.S. economy’s future have been behind much of the drop, including worries about how tariffs pushed by President Donald Trump could worsen inflation, and Wall Street’s main measure of health has lost all but 1.4% of its rally …

Nvidia sales surge in the fourth quarter on demand for AI chips
Trending News
1 month ago

Nvidia sales surge in the fourth quarter on demand for AI chips

Associated Press  

LOS ANGELES — Nvidia on Wednesday reported a surge in fourth-quarter profit and sales as demand for its specialized Blackwell chips which power artificial intelligence systems continued to grow. “Demand for Blackwell is amazing as reasoning AI adds another scaling law — increasing compute for training makes models smarter and increasing compute for long thinking makes the answer smarter,” Nvidia …

Nvidia Q4 Results Today: Will Silicon Valley’s AI leader lift Wall Street’s ‘Mag Seven’ from correction territory?
1 month ago

Nvidia Q4 Results Today: Will Silicon Valley’s AI leader lift Wall Street’s ‘Mag Seven’ from correction territory?

Live Mint  

Nvidia Q4 Results Today: Nvidia’s fourth-quarter earnings due after Wednesday’s close may be its most critical yet, coming after the emergence of China-based startup DeepSeek scrambled the outlook for AI infrastructure needs. Nvidia's much-awaited results - seen as a barometer of AI chip demand - on Wednesday could prove to be a turning point for the artificial intelligence stocks that …

Nvidia doubled profits in 2024. And its outlook is rosy despite AI jitters
1 month ago

Nvidia doubled profits in 2024. And its outlook is rosy despite AI jitters

CNN  

New York CNN — Nvidia exceeded Wall Street’s expectations as it closed out 2024, achieving stunning sales and profit growth — and much of Silicon Valley is likely breathing a sigh of relief at what the results say about the artificial intelligence industry. Expectations were heightened heading into Wednesday’s report given Nvidia’s role as a barometer of the broader tech …

Tech stocks tumble as DeepSeek threatens to upend the AI industry; Nvidia down 17%
Trending News
2 months ago

Tech stocks tumble as DeepSeek threatens to upend the AI industry; Nvidia down 17%

The Hindu  

Wall Street’s superstars are tumbling Monday as a competitor from China threatens to upend the artificial-intelligence frenzy they've been feasting on. DeepSeek’s app had already hit the top of Apple’s App Store chart by Monday morning, and analysts said such a feat would be particularly impressive given how the U.S. government has restricted Chinese access to top AI chips. Skepticism …

Wall Street Today: Tech-heavy Nasdaq down 4%, Nvidia crashes 17%; What’s behind the US stock market rout? 5 key factors
2 months ago

Wall Street Today: Tech-heavy Nasdaq down 4%, Nvidia crashes 17%; What’s behind the US stock market rout? 5 key factors

Live Mint  

Wall Street Today: US stocks dropped sharply on Monday, January 27, led by technology shares, after surging interest in Chinese startup DeepSeek's low-cost artificial intelligence model rattled Silicon Valley. Here are five key factors that weigh on the US stock market sentiment: 1.China's AI powerhouse DeepSeek rattles Silicon Valley DeepSeek’s app had already hit the top of Apple’s App Store …

DeepSeek's 'Sputnik Moment' sends Nvidia and AI giants reeling amid cost revolution
2 months ago

DeepSeek's 'Sputnik Moment' sends Nvidia and AI giants reeling amid cost revolution

India Today  

Investors hammered technology stocks on Monday, sending the likes of Nvidia and Oracle plummeting, as the emergence of a low-cost Chinese artificial intelligence model cast doubts on Western companies' dominance in this sector. Startup DeepSeek last week launched a free assistant it says uses less data at a fraction of the cost of incumbent players' models, possibly marking a turning …

Nvidia's market value gets $2 trillion boost in 2024 on AI rally
2 months, 4 weeks ago

Nvidia's market value gets $2 trillion boost in 2024 on AI rally

The Hindu  

Nvidia emerged as the biggest global gainer in market capitalisation for 2024, driven by surging interest in artificial intelligence and the robust demand for its AI-centric chips across various industries. The chipmaker's market value increased by over $2 trillion last year, reaching $3.28 trillion at the close of 2024, making it the second-most valuable listed company in the world. At …

Nvidia’s market value gets $2 trillion boost in 2024 on AI rally
2 months, 4 weeks ago

Nvidia’s market value gets $2 trillion boost in 2024 on AI rally

Live Mint  

- Nvidia emerged as the biggest global gainer in market capitalization for 2024, driven by surging interest in artificial intelligence and the robust demand for its AI-centric chips across various industries. The chipmaker's market value increased by over $2 trillion last year, reaching $3.28 trillion at the close of 2024, making it the second-most valuable listed company in the world. …

Stunning rally in Big Tech drives Nasdaq to 20,000
3 months, 2 weeks ago

Stunning rally in Big Tech drives Nasdaq to 20,000

Live Mint  

* Nasdaq hits 20,000 amid AI excitement, rate-cut expectations * Tech stocks drive Nasdaq's 33% annual rise * Megacap stocks' dominance raises concentration concerns By Saqib Iqbal Ahmed, Suzanne McGee and Lewis Krauskopf NEW YORK, Dec 11 - The Nasdaq Composite Index hit 20,000 for the first time on Wednesday, putting an exclamation point on a year in which excitement …

Tech stocks and AI lift Wall Street to more records
3 months, 4 weeks ago

Tech stocks and AI lift Wall Street to more records

LA Times  

The Standard & Poor’s 500 climbed 0.6% to add to what’s set to be one of its best years of the millennium. This week’s highlight for Wall Street will be Friday’s jobs report from the U.S. government, which will show how many people employers hired and fired last month. The central bank had appeared set to continue cutting rates into …

NVIDIA stock rallies to record high as Trump’s re-election causes frenzy in AI, chip sector
4 months, 3 weeks ago

NVIDIA stock rallies to record high as Trump’s re-election causes frenzy in AI, chip sector

Firstpost  

The buzz around NVIDIA isn’t just politics. The company has become a major player in the US stock market’s tech rally, driven by a fierce competition among Microsoft, Alphabet, and others in the race to dominate artificial intelligence The AI chip giant saw its stock jump by 2.2 per cent, a bump that propelled NVIDIA's market capitalisation to $3.65 trillion, …

Rising tech stocks send Nasdaq to a record as most of Wall Street stumbles
5 months ago

Rising tech stocks send Nasdaq to a record as most of Wall Street stumbles

LA Times  

Rallying technology stocks sent the Nasdaq composite index to a record on Tuesday, but trading was mixed elsewhere on Wall Street as home builders and Ford Motor sank after the latest profit reports. The S&P 500 rose 0.2%, inching closer to its all-time high set earlier this month, even though most of the stocks in the index fell for the …

Tech bubble fears spark $160bn Nvidia slump
5 months, 2 weeks ago

Tech bubble fears spark $160bn Nvidia slump

The Telegraph  

Hundreds of billions of dollars have been wiped from the stocks of global chipmakers after a key supplier to the industry warned of a slow recovery in the market, despite booming demand for artificial intelligence technology. Shares in Dutch technology business ASML, which manufactures advanced lithography machines used by the world’s chipmakers, plunged by 15pc after it published its results …

Nvidia suffers record $279 billion loss in market value as Wall Street drops
6 months, 4 weeks ago

Nvidia suffers record $279 billion loss in market value as Wall Street drops

The Hindu  

Shares of AI heavyweight Nvidia tumbled 9.5% on Tuesday in the deepest ever single-day decline in market value for a U.S. company, as investors softened their optimism about artificial intelligence in a broad market selloff following tepid economic data. Nvidia lost $279 billion in market capitalisation, a major indication that investors are becoming more cautious about emerging AI technology that …

Today’s top tech news: Apple, Nvidia expected to join OpenAI funding; Nvidia’s forecast dampens AI enthusiasm; Character.AI lays off 5% staff
7 months ago

Today’s top tech news: Apple, Nvidia expected to join OpenAI funding; Nvidia’s forecast dampens AI enthusiasm; Character.AI lays off 5% staff

The Hindu  

Apple, Nvidia expected to join OpenAI funding Apple and Nvidia are in talks to invest in OpenAI as part of a new fundraising round that would value the ChatGPT maker above $100 billion, according to media reports on Thursday. OpenAI has become increasingly important to Apple’s artificial intelligence strategy, with the iPhone maker bringing the AI firm’s chatbot, ChatGPT, to …

Nvidia's forecast dampens AI enthusiasm in other tech stocks
7 months ago

Nvidia's forecast dampens AI enthusiasm in other tech stocks

The Hindu  

Nvidia dragged technology heavyweights lower after the chip maker's earnings disappointed investors who had been hoping they would fuel fresh gains in Wall Street's most valuable companies, and sent stocks in Asia down on Thursday. Nasdaq futures initially dropped about 1% following Nvidia's quarterly earnings report late Wednesday, suggesting traders expected tech stocks to lose ground. Nvidia dropped almost 7% …

Nvidia is Wall Street’s 2nd-most valuable company. How it keeps beating expectations, by the numbers
7 months ago

Nvidia is Wall Street’s 2nd-most valuable company. How it keeps beating expectations, by the numbers

Associated Press  

Nvidia has once again turned out quarterly results that easily exceeded Wall Street’s forecast s. The company has seen soaring demand for its semiconductors, which are used to power artificial intelligence applications. $26.3 billion Nvidia’s revenue from its data center business for the quarter ended July 31, up 154% from a year ago. $32.5 billion Nvidia’s estimate for overall revenue …

Chipmaker Nvidia will report quarterly earnings and the data will be closely watched
7 months ago

Chipmaker Nvidia will report quarterly earnings and the data will be closely watched

NPR  

Chipmaker Nvidia will report quarterly earnings and the data will be closely watched The chip company Nvidia is the darling of the AI boom. Microsoft, Google, Facebook, Amazon and others are spending billions of dollars on AI, and they've said they expect to spend billions more, which is why analysts like Matt Bryson are so excited about Nvidia. He's an …

Tech bubble fears grow as Nvidia shares slump
7 months ago

Tech bubble fears grow as Nvidia shares slump

The Telegraph  

Nvidia’s stock dropped sharply last night despite the chipmaker more than doubling sales to a record $30bn in a reaction that will fuel fears of a tech bubble. Jensen Huang, founder and chief executive of the company, said on Wednesday night: “Nvidia achieved record revenues as global data centers are in full throttle to modernize the entire computing stack with …

Nvidia reports big earnings, but still falls flat in the eyes of investors
7 months ago

Nvidia reports big earnings, but still falls flat in the eyes of investors

NPR  

Nvidia reports big earnings, but still falls flat in the eyes of investors The chip company Nvidia is powering the artificial intelligence boom, and its stock has become the darling of Wall Street. The chip company Nvidia reported blockbuster earnings this afternoon, but that big win fell flat. And if you look at Nvidia sales, it's still kind of a …

Wall Street’s next big test is looming with Nvidia’s profit report
7 months, 1 week ago

Wall Street’s next big test is looming with Nvidia’s profit report

Associated Press  

NEW YORK — How much hype is left in Nvidia’s stock? Nvidia has ridden Wall Street’s mania around artificial intelligence to become one of the stock market’s most massive companies, with a total value topping $3 trillion. Combined with Nvidia’s big size, the blistering performance meant the chip company accounted for nearly 30% of the S&P 500’s total return for …

Wall Street's next big test is looming with Nvidia's profit report
7 months, 1 week ago

Wall Street's next big test is looming with Nvidia's profit report

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Anyone with an S&P 500 …

Nvidia slumps as tech sell-off deepens
8 months ago

Nvidia slumps as tech sell-off deepens

The Telegraph  

Microsoft shares have fallen heavily as the software giant reported disappointing results that deepened investors’ fears about the artificial intelligence boom. Despite the figures being better than forecast, investors took fright at lower-than-expected sales in its cloud computing division, which is seen as the company’s key growth driver. Microsoft’s figures triggered a wider sell-off in after-hours trading with Nvidia falling …

Could the AI bubble be about to burst?
8 months ago

Could the AI bubble be about to burst?

The Independent  

If you’ve been around markets for any length of time, the herd mentality at play never fails to raise a chuckle. Some facts: the Nasdaq Composite lost 3.6 per cent of its value and the more broadly based S&P 500 fell 2.3 per cent, the worst declines they have posted since 2022. Even the Dow – which is not a …

All eyes are on Nvidia’s stock, so what’s been going on?
9 months ago

All eyes are on Nvidia’s stock, so what’s been going on?

The Hindu  

Nvidia shares rebounded Tuesday, halting a three-day skid that had surprised many investors and wiped away more than $400 billion in market value. Huge demand There’s been nearly insatiable demand for Nvidia’s chips to power artificial intelligence applications and the company has played a big role in the U.S. stock market’s recent record runs even as the economy’s growth slows …

All eyes are on Nvidia’s stock, so what’s been going on?
9 months ago

All eyes are on Nvidia’s stock, so what’s been going on?

Associated Press  

Nvidia shares rebounded Tuesday, halting a three-day skid that had surprised many investors and wiped away more than $400 billion in market value. There’s been nearly insatiable demand for Nvidia’s chips to power artificial intelligence applications and the company has played a big role in the U.S. stock market’s recent record runs even as the economy’s growth slows under the …

Is the AI bubble about to burst?
9 months ago

Is the AI bubble about to burst?

The Independent  

The numbers behind the end of AI kingpin Nvidia’s brief reign as the world’s biggest company are staggering. To put that in context, Britain’s top three most valuable companies – drugs giant AstraZeneca, oil major Shell and international banking group HSBC – are worth a combined £500bn, just a little bit more than has been shaved from Nvidia’s market value …

Decoding Nvidia's meteoric rise: From gaming GPU maker to world's most valuable company
9 months, 1 week ago

Decoding Nvidia's meteoric rise: From gaming GPU maker to world's most valuable company

India Today  

Once known for developing graphics cards for gaming on laptops and PCs, Nvidia has now clinched the title of the world’s most valuable company—a journey that’s nothing short of epic. AI gold rush boosts Nvidia Nvidia’s meteoric rise is a clear indicator of AI’s transformative potential and the company’s stellar run also reflects it on Wall Street. Nvidia rides AI …

This record stock market is riding on questionable AI assumptions
10 months ago

This record stock market is riding on questionable AI assumptions

Live Mint  

Remember all the bulls earlier this year getting excited that the rally was broadening out beyond the “Magnificent Seven” stocks, and how wider gains were a sign that the market’s rise was sustainable? AI has had an astounding run since OpenAI unveiled ChatGPT to the world in late 2022, and Nvidia has been the biggest winner as everyone races to …

Markets May Be Showing Signs of a Big Bubble
1 year ago

Markets May Be Showing Signs of a Big Bubble

Bloomberg  

Markets are showing the characteristics of a bubble, given the record-setting surge by the technology sector’s so-called Magnificent Seven stocks and the all-time highs in cryptocurrencies. And Bitcoin hit an all-time high for the fourth time in six days this week, bolstered by massive inflows into US exchange-traded funds tied to the cryptocurrency. The almost-daily trickle of information that could …

Is There an AI Bubble? The Nifty Fifty Show It Isn’t That Simple
1 year, 1 month ago

Is There an AI Bubble? The Nifty Fifty Show It Isn’t That Simple

Live Mint  

Is artificial intelligence blowing a bubble? The famous “Nifty Fifty" stocks of the 1970s are one guide to today’s hopes and fears. Since there was never an official list of the Nifty Fifty, Siegel included many stocks such as Philip Morris and General Electric, which had price-to-earnings ratios under 25. Sure, most of 1972’s hot stocks face cooler expectations in …

Nvidia Doubled Profits in 2024 And Its Outlook is Rosy Despite AI Jitters
1 year, 1 month ago

Nvidia Doubled Profits in 2024 And Its Outlook is Rosy Despite AI Jitters

News 18  

Nvidia Doubled Profits in 2024 And Its Outlook is Rosy Despite AI Jitters Last Updated: February 27, 2025, 12:50 IST The chipmaking giant’s shares dipped just over 1% in after-hours trading Wednesday, immediately after the company released its earnings report for the quarter ended in January and its full 2025 fiscal year. The chipmaking giant’s shares dipped just over 1% …

Nvidia surges on AI boom, setting off a rally on Wall Street
1 year, 1 month ago

Nvidia surges on AI boom, setting off a rally on Wall Street

LA Times  

Japan’s Nikkei 225 stock index surged briefly to an all-time high Thursday, bypassing its previous record set in December 1989. Nvidia’s stock price surged Thursday after the company delivered another blowout quarter, setting off a rally in other technology companies that carried Wall Street to another record high. Lucid, another electric vehicle maker, slid 16.8% after it missed Wall Street …

AI stocks rally after Nvidia reveals stake, SoundHound rockets 50%, Guardforce up 11%
1 year, 1 month ago

AI stocks rally after Nvidia reveals stake, SoundHound rockets 50%, Guardforce up 11%

Live Mint  

Shares of smaller AI firms rallied on Thursday after the world's most dominant artificial intelligence chipmaker, Nvidia, disclosed stake in them, offering clues on its growth strategy. The rally showed Nvidia's growing influence in the AI world as its market value grows at a scorching pace, making it the third most-valuable U.S. company. Insider Intelligence analyst Gadjo Sevilla said Nvidia's …

Nvidia joins trillion dollar club on booming AI demand
1 year, 10 months ago

Nvidia joins trillion dollar club on booming AI demand

The Hindu  

Nvidia Corp. on Tuesday became the first chipmaker to hit a trillion-dollar market value, as the company bets on a surge in demand for its AI chips that power chatbot sensation ChatGPT and many other applications. The latest surge in Nvidia's shares that powered the company past the trillion-dollar mark followed its revenue forecast last week that surpassed estimates by …

AI sets NVIDIA on path to become first US chipmaker to be valued over $1 trillion
1 year, 10 months ago

AI sets NVIDIA on path to become first US chipmaker to be valued over $1 trillion

Firstpost  

Nvidia Corp is poised to surpass a market capitalization of $1 trillion, becoming the first U.S. chipmaker to achieve this milestone. In 2021, Meta reached a trillion-dollar market capitalization, while other U.S. companies such as Apple Inc, Alphabet Inc, Microsoft Corp, and Amazon.com Inc are already part of this exclusive club. Nvidia attracted significant attention in the field of artificial …

Chip giant Nvidia nears trillion-dollar status on AI bet
1 year, 10 months ago

Chip giant Nvidia nears trillion-dollar status on AI bet

The Hindu  

Nvidia Corp. surged 24% on Thursday in one of the largest one-day gains in value for a U.S. stock, after its stellar revenue forecast showed that Wall Street has yet to price in the game-changing potential of AI. Nvidia, the fifth-most valuable U.S. company, on Wednesday projected quarterly revenue more than 50% above the average Wall Street estimate and said …

’Big tech is here to stay’: Fund manager says tech stock correction ’temporary’
4 years, 6 months ago

’Big tech is here to stay’: Fund manager says tech stock correction ’temporary’

Live Mint  

Passive investors, the backbone of the Nasdaq's rally this year, seem to have lost their nerve, pulling massive amounts of cash in recent days from index-tracking technology funds in what many see as an ominous sign for the sector. In the week ending Sept. 23, tech-focused ETFs suffered $1.23 billion worth of outflows, the largest since December 2018, when global …

A new tech bubble is inflating
4 years, 9 months ago

A new tech bubble is inflating

CNN  

New York CNN Business — There has been a furious rally in tech stocks since the market plunged a week ago. Former Federal Reserve chairman Alan Greenspan used that term in a speech nearly a quarter-century ago to describe the 1996 boom in the stock market – particularly the rise of big tech stocks and the wave of unprofitable internet …

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