Two leaders of the AI industry are sending mixed signals. Alphabet’s stock, parent company of Google, has decreased by 1.08%, marking a red down pointing triangle. This further pushes its market value towards $4 trillion. On the other hand, Nvidia shares have risen by 1.37%, but then slid 2.6% due to green up pointing triangle. As a result, Nvidia’s valuation is now below $5 trillion, just weeks after reaching this milestone.
Source: https://www.wsj.com/finance/stocks/ai-trade-splinters-as-google-challenges-nvidias-dominance-b1ce018d