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Nvidia and Palantir Have Served Up a Nearly $11 Billion Warning to Wall Street -- but Are Investors Paying Attention?
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Wall Street analysts cheer as Nvidia set to resume sale of H20 chips to China
Wall Street analysts were positive after Nvidia (NASDAQ:NVDA) said it hopes to resume sales of its H20 chips to Chinese clients, citing U.S. government assurances that export licenses will be granted.
Nvidia’s Influence Over the Entire Stock Market Keeps Growing
Currently, Nvidia accounts for nearly 8 percent of the S&P 500. That’s the highest weighting for a single stock in 45 years, according to Todd Sohn, senior ETF strategist at Strategas Securities. For context, industrials account for 8.7 percent of the index, while healthcare stands at 9.1 percent.
3 Scorching-Hot Artificial Intelligence (AI) Stocks That Can Plunge Up to 72%, According to Select Wall Street Analysts
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation.
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