A surging stock market may not need a catalyst — but it’s getting one
From Yahoo Finance: 2024-05-17 06:04:59
The Dow Jones, S&P 500, and Nasdaq are on the verge of hitting record highs as investors seek the next catalyst to sustain the rally. Nvidia, set to report earnings, is a key player in the semiconductor industry with a market cap of $2.3 trillion. Analysts anticipate revenue growth of 242% last quarter, driven by demand for AI training. Despite its phenomenal success, questions linger about how long Nvidia can maintain its rapid growth. Stay informed with Yahoo Finance’s morning newsletter for more insights into the stock market news and events shaping investment decisions.
Read more at Yahoo Finance: A surging stock market may not need a catalyst — but it’s getting one