$NVDA What the hell? Is it really going to drop to $100? Did he actually go over to Elon Musk?
Jensen Huang suddenly stepped down as Nvidia CEO, and NVDA plunged more than 13%.
The bearish news is still playing out, and we’ll have to wait for earnings on the 17th to get a clearer picture. Add in rate-hike expectations and geopolitical risks, and the AI narrative is taking a hit. Sentiment in crypto is getting dragged down too, so volatility is bound to be high from here. Short! ⬇️⬇️
Jensen Huang suddenly stepped down as Nvidia CEO, and NVDA plunged more than 13%.
The bearish news is still playing out, and we’ll have to wait for earnings on the 17th to get a clearer picture. Add in rate-hike expectations and geopolitical risks, and the AI narrative is taking a hit. Sentiment in crypto is getting dragged down too, so volatility is bound to be high from here. Short! ⬇️⬇️
