Markets Rise Despite Nvidia's Drop

Published: 29 August 2024
on channel: Bloomberg Technology
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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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