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Saturday, November 16, 2024

Nvidia is ‘priced ahead of the curve’ says Cathie Wood whose ARK Invest sold most of its stake in the company ahead of a bumper rally

Cathie Wood — whose ARK Invest sold the bulk of its Nvidia stake ahead of the stock’s massive rally last week — thinks the chipmaker’s shares are too expensive. “Since 2014, @ARKInvest has believed that Nvidia saw the AI future before most other chip companies, and now we believe it will continue to …

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