I suspect that a part of the continued rise of Nvidia's stock price is likely being caused by funds that track the Dow 30 buying the shares in anticipation of of Nvidia replacing Intel in the index. If this happens INTC will drop like a rock and won't come back...well maybe a dead cat bounce.
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This is about layoffs not people trying to prop up a stock in bubble territory. Go back to Wall Street bets and let us employees figure out who’s going to be impacted.
this is a really d-mb post by op. funds that track the dow (or any index) don't track the 'anticipated dow' they track they dow. good grief... fund managers on passive funds don't have the luxury of their opinion on what the dow might become.
No.
Nobody gives a sh!t about the Dow anymore.
Everyone tracks the S&P500.
People are buying Nvidia because they are growing revenues at 100% rates many years into the future.
That's funny. No. Who cares about INTEL...so tiny fish. People only notice big whale - Nvidia.