NVIDIA becomes 1st $4 trillion company at market close
Digest more
The AI chip king, Nvidia ( NVDA 1.10%), is seemingly invincible and is viewed as the ultimate pick-and-shovel play for AI. Even when challenges present themselves and the stock stumbles, it doesn't last very long.
A combination of tight credit spreads, a low VIX, placid bond markets, and high valuations for riskier assets could be a sign investors are complacent.