Shares of Nvidia (NVDA) are trading lower after the chip giant executed a 10-for-1 stock split. Bokeh Capital Partners Founder and CIO Kim Forrest joins Catalysts to discuss the move and Nvidia's position in the overall AI landscape. "I'm always cautious because we're assuming that, by the current price and the current thought behind Nvidia, that this company is going to rule AI forever and ever... I don't believe that. I believe that the huge margins are going to be attractive. And here's a crazy idea: maybe some chip designer will come up with an even better way to be useful in the AI ecosystem," Forrest explains. She adds that while Nvidia certainly has a leg up on the competition, she wouldn't count out other players in the AI game. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl
Nvidia began trading Monday after its 10-for-1 stock split.
Equity markets (^DJI, ^IXIC, ^GSPC) will be paying extra close attention to this week's May CPI (Consumer Price Index) report and the Federal Reserve's latest interest rate decision coming out of its June meeting, both occurring on Wednesday, June 12. Chip giant Nvidia (NVDA) is set to begin trading at its adjusted stock price Monday morning after enacting a 10-for-1 stock split. Apple (AAPL) kicks off its Worldwide Developers Conference (WWDC) this week, with many investors eager to see the first-generation of Apple's AI-integrated products. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.