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InvestTalk

InvestTalk 6-25-2024 – Nvidia's Stock Surges After Sharp Pullback: What's Next For Investors?

InvestTalk

Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors

News Commentary, Business News, Business, Investing, News, Entrepreneurship

4.41.5K Ratings

🗓️ 26 June 2024

⏱️ 49 minutes

🧾️ Download transcript

Summary

Nvidia's stock has been on a rollercoaster ride lately, surging to unprecedented heights before experiencing a sudden and sharp pullback, and then rebounding on Tuesday. This dramatic turn of events has left investors and analysts alike wondering: what led to Nvidia's meteoric rise, what factors are behind its recent stumble, and what lies in its future?

 

Today's Stocks & Topics: CLF - Cleveland-Cliffs Inc., Market Wrap, AFRM - Affirm Holdings Inc. Cl A, Nvidia's Stock Surges, Then Stumbles: What's Next for Investors?, DTM - DT Midstream Inc., CBYYX - Pioneer CAT Bond Fund Y, DOCS - Doximity Inc., Cash, NUE - Nucor Corp., Convertible Bonds: Peloton.



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Transcript

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0:00.0

At a time when investors are confronted with market volatility and a variety of challenges

0:09.7

fueled by the uncertainty of inflation, unsettled geopolitical tensions, and economic pressures.

0:17.0

Justin Klein and Luke Guerrero stand ready to take your finance and investment questions and share their unbiased answers.

0:26.0

Invest Talk is made possible by KPP Financial,

0:30.0

a registered investment advisor firm, serving clients throughout the United States.

0:35.0

The clarity for your path forward starts now.

0:40.0

Here is KPP Financial Chief Executive Officer, Financial Advisor Justin Klein.

0:48.0

Good afternoon fellow investors and welcome back to Invest Talk.

0:52.7

This is our Tuesday, June 25th, 2024 edition.

0:57.0

I'm Justin Klein and here again,

1:00.0

I am with Luke Guerrero.

1:01.4

And of course, the objective today is to help you become a better investor.

1:08.5

And Luke, it is a unique time and you know you what are you feeling about the market the last few days

1:16.4

especially with the the invidian news which I know we'll get to in a little bit well I

1:21.2

will say that you were on vacation, you were in Hawaii, and growth momentum names started

1:29.8

to unwind a little bit, and you came back and Big Tech made a reversal today off of that trend so maybe you are Big Tech's good luck charm

1:38.6

Am I maybe I need to go on vacation a little bit more. I do notice that markets, it's weird, markets do turn regularly

1:48.1

when I'm a vacation. And so maybe a bad luck term, shall we say, but you know also depends on how you're positioned, right?

1:56.4

Depends from whom? Exactly, exactly. So with that said, that is our main focus points.

2:05.0

And, you know, this is an interesting time in markets and we'll get to this.

2:10.0

There's a lot of lessons to be learned with what's happened with the

2:12.9

NVIDIA as of late. But we're going to do our best to unpack a lot of

...

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