Nvidia stock extends its blistering rally to 200%, adding an eye-watering $723 billion in market value as AI frenzy continues
to $39.2 billion, making him the 34th richest person in the world, per the Bloomberg Billionaire's Index. and forecast this week that the company's shares could climb a further 15% from current levels.
Billionaire investor Stanley Druckenmiller, who has snapped up $220 million of Nvidia stock, has said the shares areThe investor excitement over AI has not helped lift tech stocks in general, boosting the Nasdaq 100 index by about 38% so far this year. But that's got some investors worried about a stock rally that may be
to be sustainable, with Big Tech shares largely fueling the rise of US benchmarks indices, including the S&P 500.
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