US Stock Market See Their Worst Day Since 2022, AI & Tech Stocks Bleed | Vantage with Palki Sharma

US Stock Market See Their Worst Day Since 2022, AI & Tech Stocks Bleed | Vantage with Palki Sharma

The major tech stocks listed on Wall Street closed in red on July 24 due to a major selloff. Major tech companies including Nvidia, the biggest seller of AI chips lost almost 7%, Broadcom was also down by over 7% and Super Micro Computer was down by over 9%. Further, stock prices of tech giants Apple, Microsoft, Meta and Alphabet also fell. All these tech giants have been bullish on AI and spent a significant amount of money to develop AI tools and infrastructure. Investors also rode on AI sentiment and poured in around $9 trillion over the past year. But now, the investors are pulling out as scepticism grows over the business viability of existing AI tools. Palki Sharma tells you more.

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USA | Stock Market | Wall Street | AI Chips | Apple | Microsoft | Meta | Alphabet | Firstpost | World News | News Live | Vantage | Palki Sharma | News

#usa #nasdaq #wallstreet #ai #apple #microsoft #meta #apple #firstpost #vantageonfirstpost #palkisharma #worldnews

Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.

The show is anchored by Palki Sharma, Managing Editor, Firstpost.

By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.

Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
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[AllenNichol]

Treasury yields and other safe cash-like investments are raising high returns, yet most investors believe this is a good time to buy stocks than gold despite crash. I'd love to spread across $400k into profit yielding dividend equities and end the year well, but unsure of which to get acquire.

[michaelschiemer]

My advice to new investors: Buy good companies stocks and hold them as long as they are good companies. Just do this and ignore the forecasts and market views which are at best entertaining but completely useless.

[Angelavaldess]

I recently sold my long-term position and currently sitting on about 150k, do you think TSLA and Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks?

[tonysilke]

Biggest lesson i've learnt in 2024 in the stock market is that nobody knows what is going to happen next, so practice some humility and follow a strategy with a long term edge.

[geraldantonio]

What I don’t understand is, on one hand we are told the stock market will crash and yet on the other we are told ways of investing in the stock market. Oxymoron or paradox?

[BrewerVera]

The main focus for markets now is Nvidia, which has powered a large chunk of the S&P 500’s recent earnings. Nvidia’s stock, up more than 100% this year, rose 2.5% in New York on Monday, sending the Nasdaq 100 index to another record high. I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas...

[frankedwardark]

What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.

[TilSchweiger-if]

I started my 250k portfolio last year with SCHD, VOO, and VUG after watching one of your videos. In terms of share price, VOO is way up (22.25%) and VUG is up (39.62%). Thanks for the education! Will this provide solid cashflow?

[BlakeGabriel-]

I believe the retirement crisis will get even worse. Many struggle to save due to low wages, rising prices, and exorbitant rents. With homeownership becoming unattainable for middle-class Americans, they may not have a home to rely on for retirement either.

[jerrycampbell-utyf]

Despite the fact that I invest, I am frustrated by my incapacity to assess each company's performance and determine whether or not this is the best time to buy stocks. Inflation is depleting my monetary reserves. I need reliable market trajectory data at this point, but I'm not sure what to do.

[LynetteHuson]

with recession looming, How can I safeguard my investment portfolio of around $200, 000? What's the most effective strategy to reallocate funds in my portfolio to hedge against downturns?

[AmeeraFry]

The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400, 000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.

[peterwatson]

I'm already investing in stocks by watchiing youtube videos, but my portfolio of around $120k is not getting much yield. what strategy should I ue at this point to make gains?

[borissergijevic]

This does not have anything with AI. The Stockmarket itself is in the bubble, along with the US.

[centollero]

Honestly, this situation makes me uneasy, especially with the potential depression, not just a recession. I'm not sure about my $130K investment strategy given the economic uncertainty.

[MamieEvans-dpsc]

I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time .This comment serves as motivation for all those who have invested and continue to invest in cryptocurrencies with so many losses, do not give up, cryptocurrencies can change your life. Do your best to connect with the right people and you will surely see changes.

[KateLewis-ebwe]

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart.

[gracestephen]

*Wow😁, it's crazy how some people can become multimillionaires by investing just $10K in trading within a few months, while others have to work for 40 years to reach $1M in retirement savings. The power of smart investing, right?*

[fnkgtxl]

Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in last month 2024

[Wack]

I work at one of Meta/Google/MSFT (won’t say 😉) directly on AI. What’s happening is, these companies are too large to have any creativity to build compelling AI apps. With layoffs, employees aren’t really interested in sharing their ideas with these tech giants. As for small startups, the economy is so bad (they won’t admit till US election), venture funding has dried. And engineers like me prefer to hang on to our safe but boring FAANG jobs, I will not join a startup in this economy. This is what’s happening 😇