U.S. Stock Market Briefing: Nvidia’s Six-Session Losing Streak, While Apple Quietly Hits a New High?
U.S. stocks did their own thing last night. The Dow edged up 0.10%, the Nasdaq fell 0.91%, and the S&P 500 dropped 0.40%—tech stocks were sharply divided.
AI chip leader Nvidia closed down 2.01%. With $58.7 billion in trading volume, it remained the market’s most actively traded stock. It suffered a brutal six-session losing streak for the week, wiping $573 billion off its market cap. The immediate trigger was Jensen Huang’s sudden resignation as CEO, leaving investors without a clear captain at the helm. They rushed for the exits first.
But Elon Musk publicly called for Huang to return as CEO, so there may be more twists in this leadership drama. The sell-off dragged down the chip sector: AMD fell more than 8%, and the Philadelphia Semiconductor Index plunged.
Meanwhile, Apple bucked the trend, gaining 0.39% to hit a new all-time high, with $13.9 billion in trading volume. It became a “safe harbor” for big money seeking shelter from AI volatility. Meta also rose 2.90%, while Tesla rebounded notably over the week on merger expectations.
On the macro front, Fed officials struck a hawkish tone again, but PPI came in slightly below expectations, easing rate-hike anxiety a little.
High-flying AI stocks are digesting their valuations, as money quietly rotates into big companies backed by solid earnings. Until the Nvidia CEO drama plays out, chip stocks are likely to remain volatile—but Apple’s new high has already cast its vote for the market.$SOXL $NVDA $QQQ #美国PPI年率6.5%，低于预期或缓解BTC压力
U.S. stocks did their own thing last night. The Dow edged up 0.10%, the Nasdaq fell 0.91%, and the S&P 500 dropped 0.40%—tech stocks were sharply divided.
AI chip leader Nvidia closed down 2.01%. With $58.7 billion in trading volume, it remained the market’s most actively traded stock. It suffered a brutal six-session losing streak for the week, wiping $573 billion off its market cap. The immediate trigger was Jensen Huang’s sudden resignation as CEO, leaving investors without a clear captain at the helm. They rushed for the exits first.
But Elon Musk publicly called for Huang to return as CEO, so there may be more twists in this leadership drama. The sell-off dragged down the chip sector: AMD fell more than 8%, and the Philadelphia Semiconductor Index plunged.
Meanwhile, Apple bucked the trend, gaining 0.39% to hit a new all-time high, with $13.9 billion in trading volume. It became a “safe harbor” for big money seeking shelter from AI volatility. Meta also rose 2.90%, while Tesla rebounded notably over the week on merger expectations.
On the macro front, Fed officials struck a hawkish tone again, but PPI came in slightly below expectations, easing rate-hike anxiety a little.
High-flying AI stocks are digesting their valuations, as money quietly rotates into big companies backed by solid earnings. Until the Nvidia CEO drama plays out, chip stocks are likely to remain volatile—but Apple’s new high has already cast its vote for the market.$SOXL $NVDA $QQQ #美国PPI年率6.5%，低于预期或缓解BTC压力
