Rate Of ReturnInvestors/traders are now chasing after what prominent figures like Trump and Jensen say. Just last month, Trump's call to buy Dell has seen the stock jump double digits as people rush in to buy while Marvell also rose 32% because Jensen labelled it as the next must-have AI company. This is getting out of hand as the FOMO levels have reached new highs and people are blindly buying even when some companies have reached overvaluation concerns. Nonetheless, everyone has their own trading styles, but I'm certainly risking chasing momentum at premium valuations.
☕️ [Task Coins Giveaway] Daily Market Talk — Marvell Surges 32% on Jensen Huang's COMPUTEX Endorsement
🇺🇸🇭🇰🇸🇬 Big moves across US, HK, SG markets. Marvell jumps 32% as Jensen Huang spotlights AI networking chips, Broadcom reports Q2 tonight, YZJ completes US$1.05B Poseidon stake.
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