Steve Isserman warns S&P 500 is a massive AI bet
NVDA NVIDIA Corp
$228.52 +0.97%
View chart & analysis → - 1Steve Isserman warned that more than 65% of the S&P 500 is linked to AI.
- 2Nvidia recorded $96.2 billion in revenue for the quarter ended July 26, achieving a 106% increase in Nvidia revenue compared to the same period last year.
- 3GE Vernova recorded a total company backlog of $176 billion as of the end of June.
So what's the key point?
A warning has been issued that the S&P 500 index is too heavily filled with artificial intelligence-related companies. While Nvidia revenue increased by 106%, the high proportion of exposure to artificial intelligence should be noted.
Source Benzinga Prediction Markets · View original ↗
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