Closing Bell Overtime: Wall Street’s Big 2-Day Rally 10/4/22
Closing Bell
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Nvidia
Geneson: We've been dealing with two big headwinds for technology stocks in general. One is the COVID hangover that there was over investment by companies and even households on consumer electronics. And then secondly, we have had a broader trend of de-globalization, which pressures margins for a lot of these technology companies. Geneson: On a longer term basis, what really drives our investment decision is the longer term opportunities for technology companies to benefit from trends in artificial intelligence, 5G technology, electrification of vehicles.
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