Global stock markets have tumbled amid deepening worries about war in the Middle East, prompting a clear risk-off move. Nvidia, the world's most valuable company, is trading at its cheapest price-to-earnings multiple since before ChatGPT kicked off the AI boom, indicating a significant re-rating of AI leader valuations.
Global stock markets have tumbled amid deepening worries about war in the Middle East, prompting a clear risk-off move. Nvidia, the world's most valuable company, is trading at its cheapest price-to-earnings multiple since before ChatGPT kicked off the AI boom, indicating a significant re-rating of AI leader valuations.
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mildly negative
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