The history of companies with Nvidia-like valuations isn’t a good one ...Middle East

There will be two major drivers of market sentiment this week — the gathering of Federal Reserve officials in Jackson Hole, Wyo., and Nvidia’s set of results — although there could be some fireworks from the Labor Department’s preliminary benchmark revision to the jobs data on Wednesday. Related: Expectations for Nvidia’s earnings are massive. Will they even matter? Jeremy Schwartz, global chief investment officer at WisdomTree, decided to take a look at Nvidia NVDA, -0.10%, whose stock has rocketed 196% this year on demand for chips that can process artificial-intelligence-related requests. On a price-to-projected sales ratio, Nvidia stands at a lofty 25, and an ev

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