In a recent discussion on CNBC’s Last Call, anchor Brian Sullivan posed an intriguing question to Michael Farr of Farr, Miller & Washington: “What do you think is more important to the macro-market: NVIDIA (NASDAQ:NVDA) or the Federal Reserve?”
What Happened: The question, though asked with a touch of humor, sparked a discussion on the differing impacts of the tech giant and the central bank on the market. Farr, initially laughing at the question, quickly distinguished between the two. “Nvidia is a completely different story,” he said.
Nvidia has been a standout performer, with its stock soaring 91.74% year-to-date, significantly outperforming major ETFs like the SPDR S&P 500 ETF Trust (NYSE:SPY), Invesco QQQ Trust (NASDAQ:QQQ), and the iShares Semiconductor ETF (NASDAQ:SOXX). This follows an impressive 240% surge in 2023.
Farr emphasized that although Nvidia symbolizes an impressive technological and investment narrative, the …
Full story available on Benzinga.com
In a recent discussion on CNBC’s Last Call, anchor Brian Sullivan posed an intriguing question to Michael Farr of Farr, Miller & Washington: “What do you think is more important to the macro-market: NVIDIA (NASDAQ:NVDA) or the Federal Reserve?”
What Happened: The question, though asked with a touch of humor, sparked a discussion on the differing impacts of the tech giant and the central bank on the market. Farr, initially laughing at the question, quickly distinguished between the two. “Nvidia is a completely different story,” he said.
Nvidia has been a standout performer, with its stock soaring 91.74% year-to-date, significantly outperforming major ETFs like the SPDR S&P 500 ETF Trust (NYSE:SPY), Invesco QQQ Trust (NASDAQ:QQQ), and the iShares Semiconductor ETF (NASDAQ:SOXX). This follows an impressive 240% surge in 2023.
Farr emphasized that although Nvidia symbolizes an impressive technological and investment narrative, the …
Full story available on Benzinga.com
In a recent discussion on CNBC’s Last Call, anchor Brian Sullivan posed an intriguing question to Michael Farr of Farr, Miller & Washington: “What do you think is more important to the macro-market: NVIDIA (NASDAQ:NVDA) or the Federal Reserve?”
What Happened: The question, though asked with a touch of humor, sparked a discussion on the differing impacts of the tech giant and the central bank on the market. Farr, initially laughing at the question, quickly distinguished between the two. “Nvidia is a completely different story,” he said.
Nvidia has been a standout performer, with its stock soaring 91.74% year-to-date, significantly outperforming major ETFs like the SPDR S&P 500 ETF Trust (NYSE:SPY), Invesco QQQ Trust (NASDAQ:QQQ), and the iShares Semiconductor ETF (NASDAQ:SOXX). This follows an impressive 240% surge in 2023.
Farr emphasized that although Nvidia symbolizes an impressive technological and investment narrative, the …Full story available on Benzinga.com Read Morebenzinga neuro, Equities, Federal Reserve, Kaustubh Bagalkote, Michael Farr, News, NVDA, QQQ, SOXX, SPY, Global, Federal Reserve, Markets, Tech, SPY, US78462F1030, NVDA, US67066G1040, SOXX, US4642875235, QQQ, US73935A1043, News, Equities, Global, Federal Reserve, Markets, Tech, Benzinga Markets
