While markets (^DJI, ^IXIC, ^GSPC) enter into a triple witching day on Friday, is the outlook as spooky as it seems after Nvidia (NVDA) experiences a stock sell-off?
Evercore ISI Senior Managing Director of Equity, Derivatives, and Quantitative Strategy Julian Emanuel comments on how this all relates to the broader market, which remains generally resilient in this week’s trading.
"If you talk to our fundamental analysts on the name, he thinks you could get to a market weighting of between 10 and 15% between now and 2030," Emanuel says. "And that’s obviously based on the promise of AI, but look, the fact that that that these kinds of short-term potholes in a name that’s moved this far, they are to be expected.
#youtube #news #nvidia
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