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Nvidia insiders made millions AI chip maker’s massive stock price rise by sell stocks early this week. Apparently their timing was just right.
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Nvidia stock had its worst day in 10 months on Friday, as analysts and investors alike chimed in. Concerns that tech giants’ rapid rise may be coming to an end Sooner or later.Will stocks cool down or crash? there is still room for debateand some of Wall Street’s biggest names, including J.P. Morgan CEO Jamie Dimon. I think Nvidia’s stock price will continue to rise.. Shares fell 5.6% on Friday, closing at a still impressive $875.28. The stock price has increased 77% since the beginning of the year.
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meanwhile, Apple tried to rebound from a series of setbacks. Apple shares rose as much as 2.8% on Friday after hitting a yearly low the previous day. Amazon, Microsoft, and Meta all saw their stock prices fall.
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Apple ended the day with a modest 1% gain.Still, profits are higher compared to rivals. The so-called “Magnificent Seven” of technology That’s a positive sign for the company after recent struggles. iPhone sales have fallen in China.Last week the company Electric car project canceled.And there it is deep-seated skepticism For its latest innovations, apple vision pro.
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