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Has Nvidia Stock Peaked at $153? One Telltale Metric Offers a Decisive Answer.
Are the best days now in the rearview mirror for the face of the artificial intelligence (AI) revolution?
For the better part of the last two-plus years, the stock market has been unstoppable. The 30-component Dow Jones Industrial Average, broad-based S&P 500, and innovation-fueled Nasdaq Composite have all soared to numerous record-closing highs.
Investors haven't had to dig too deeply for the reasons behind this epic rally in equities. Everything from stock-split euphoria to the declining rate of inflation have helped lift the Dow Jones, S&P 500, and Nasdaq Composite to uncharted territory.
But among these catalysts, none has been more directly responsible for lighting a fire under Wall Street than the rise of artificial intelligence (AI).
