DBS CIO cites Nvidia earnings outlook to support AI stock valuations

First reported by Bloomberg at · Updated · 2 sources

Hou Wey Fook points to Nvidia's forward earnings multiple and projected revenue growth as evidence of fair valuations, according to Quartz. Bloomberg reports that he sees AI-driven earnings growth supporting major technology stocks and considers investment-grade bonds yielding above 5% an attractive source of income and portfolio stability.

Covered by 2 publishers within 11 hours of the first report.

Reporting2

Bloomberg DBS CIO on AI, Bonds and Market Risks
Quartz DBS says Nvidia's valuation shows the AI rally isn't a bubble · Cris Tolomia

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Topics Nvidia