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Fortune
Fortune
Jim Edwards

Nvidia’s massive market cap is a ‘bubble risk,’ Deutsche Bank says: ‘We appear to be in uncharted territory’

Photo: Young woman spending day outside in residential area in city. (Credit: Counter/Getty Images)
  • U.S. stocks slid as the S&P 500 fell 0.69% and Nvidia dropped 1.95% yesterday. Analysts warn that outsize valuations in a few tech giants (especially Nvidia) have created a concentration risk in U.S. stocks reminiscent of past bubbles.

The S&P 500 lost 0.69% yesterday. Nvidia, however, lost more than twice that—down 1.95%. Additionally, the bond market is unhappy with long-term yields going up as investors lose faith in the credibility of governments who want their financing.

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