Trade of the Day: The Smart Money Is Betting Against Nvidia (NVDA) Stock
News flash: The smart money is betting against Nvidia (NASDAQ:NVDA). Analysts are mostly pounding the table on NVDA stock, especially because of the underlying implications for artificial intelligence. However, it’s important to remember that the market is the ultimate arbiter – and you don’t want to argue against the smart money.After all, Goldman Sachs warned a few weeks ago that enterprises may be spending too much on machine intelligence and getting very little productive value from it. According to the ...