Download jeremy siegel1/31/2024 He makes regular appearances to share his expertise on the state of our economy and financial markets. Palmer Professor of Finance at the Wharton School of the University of Pennsylvania for many years and now is the Senior Investment Strategy Advisor to WisdomTree. Today, I’m speaking with Professor Jeremy Siegel. The A.I.-fueled boom is “not a bubble yet,” he said.Podcast 303 303: Professor Jeremy Siegel’s Advice for Managing Money and Emotions in a Recession While admitting that A.I.-related stocks may be “slightly overvalued” in the long term, Siegel noted that in the short term “momentum can carry stocks far higher than their fundamental value, and no one can predict how high they might go.” companies: Apple, Microsoft, Alphabet, and Amazon. stocks added $300 billion in value on Thursday, according to Reuters, as investors plunged into companies working on the new technology.īy market close Friday, Nvidia’s market cap had risen to over $960 billion, bringing it close to the $1 trillion threshold now held by just four U.S. The jump in share prices increased Nvidia’s market capitalization by $184 billion. ![]() Shares in Nvidia surged by over 24% on Thursday after the chipmaker surprised analysts by forecasting $11 billion in sales for the current quarter, much higher than expected. ![]() “There was excitement about A.I., and Nvidia ratified that excitement with blowout earnings,” Siegel said on CNBC on Monday.
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