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Nvidia Teams Up With SpaceX Amid Market Rally Warning

Guavy AI Editorial Team
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AAPL NVDA
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SpaceX has chosen Nvidia as its partner for an undisclosed project.

A short squeeze has driven market rally, but extreme positive sentiment is flashing a warning sign. The SPDR S&P 500 ETF Trust (NYSE:SPY) represents the benchmark stock market index S&P 500 (SPX), and its recent chart shows a significant increase in value.

The 'Magnificent Seven' stocks are heavily concentrated in most portfolios, making it essential to monitor early money flows. In Apple Inc (NASDAQ:AAPL), money flows were neutral in the early trade, while in Tesla Inc (NASDAQ:TSLA) they were negative. The S&P 500 ETF (SPY) and Invesco QQQ Trust Series 1 (NASDAQ:QQQ) both saw positive money flows.

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