The Federal Trade Commission's lawsuit to block Nvidia's proposed acquisition of Arm Ltd. has signaled the end of this expected deal. With the disappearance of favorable expectations, overlaid with a sharp pullback in the overall stock market, investor sentiment turns pessimistic, and price action could be extreme when sentiment escalates to panic. In the long run, the meta-universe concept and its company's earnings growth will attract buyers to enter the market at low price levels.
The summary of my analysis is that short-term price volatility has widened and the probability of a pullback is high, but the long-term remains bullish.
The summary of my analysis is that short-term price volatility has widened and the probability of a pullback is high, but the long-term remains bullish.
