Short bets against Nvidia currently stand at approximately $34 billion according to data from S3 Partners. This is nearly double the amount that has been bet against Apple and Tesla combined, with short bets of around $19 billion and $18 billion, respectively. However, short bets against Nvidia only comprise around 1% of the company's total stock market value. Demand for Nvidia's high-end AI processors has driven the stock up 143% in 2024. Some investors are betting that Nvidia's skyrocketing stock price will eventually fall back to earth.
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00:00 It's Benzinga and here's what's on the block.
00:02 Short bets against NVIDIA currently stand at approximately $34 billion according to data
00:07 from S3 partners. This is nearly double the amount that has been bet against Apple and Tesla combined,
00:13 which have short bets of around $19 billion and $18 billion, respectively.
00:17 However, short bets against NVIDIA only make up around 1% of the company's total stock market
00:22 value. Demand for NVIDIA's high-end AI processors has driven the stock price up 143% in 2024.
00:29 Some investors are betting that NVIDIA's skyrocketing stock price will eventually fall back to earth.
00:33 For all things money, visit Benzinga.com.
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