Shares of semiconductor company Nvidia (NASDAQ: NVDA) rose 19.8% in July, according to data from S&P Global Market Intelligence. Investors had few reasons for optimism at the start of July, with Nvidia tumbling 15.3% in the first week. The company's stock subsequently fell 6%, with a domino effect leading Nvidia stock to fall 3.3%.
Yahoo Finance’s Daniel Howley joins the Live show to discuss reports that PC demand has slowed by the fastest rate in nine years.
Independent Solutions Wealth Management Portfolio Manager Paul Meeks discusses tech stocks that are poised to rebound, such as Amazon, Microsoft, and Alphabet, as well as the outlook for other names like Meta and Netflix.