Prediction: Nvidia Can Plunge by Up to 56% in the Second Half of 2024
The first half of 2024 is in the books, and the bulls are still very much in control on Wall Street. The mature stock-driven Dow Jones Industrial Average, benchmark S 500, and growth stock-fueled Nasdaq Composite all powered to fresh record-closing highs.
While a number of catalysts are responsible for Wall Street's gains, much of the credit goes to what's arguably the hottest trend since the advent of the internet in the mid-1990s. I'm talking about the rise of artificial intelligence (AI).
Image source: Getty Images.
Source Fool.com
Dow Inc. Aktie
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