Nvidia's Future and Tech Records in Oil Market: Key Market Insights

Money | June 21, 2024, 7:23 p.m.

Bank of America's Investment Strategy and EPFR have reported record inflows into the tech sector funds this week, while crude oil prices have been on the rise. Nvidia shares took a hit on Friday following a sell-off on Thursday. The question remains, what does the future hold for the chip giant, and can its stock price bounce back? Yahoo Finance's Jared Blikre discusses these market trends in his latest video analysis. With tech stocks in the spotlight and significant sell-offs in companies like Apple, it appears that a market shift may be on the horizon. Additionally, with WT crude prices surpassing $80 a barrel, there is potential for further increases driven by catalysts such as hurricane season and low market positioning. And finally, Nvidia's recent price action has raised concerns, but may also present a buying opportunity for investors in the coming weeks. Stay informed and watch the full episode for expert insights and market updates.