Nvidia has become one of the worst-performing stocks in the MAG7.
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老腊肉-kevin
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#英伟达q3财报将至：能否化解市场疑虑？ A look at the news behind U.S. stocks: Nvidia has fallen 30% from its peak— is money starting to flow elsewhere?
All three major U.S. stock indexes closed lower last night. The Nasdaq fell 0.74%, while the Dow and S&P 500 each dropped between 0.3% and 0.4%. But the indexes only tell part of the story; what’s happening beneath the surface with investors’ money is more worth watching.
Trading volume:
Nvidia alone accounted for about $72.2 billion, the highest of any stock—nearly three times AMD, which ranked second.
Price changes:
Nvidia fell 5.47% to close at $168.89, exactly 30% below its 52-week high.
AMD, by contrast, rose 1.30%, while Microsoft fell 2.20%. AI stocks surged and then retreated. Money hasn’t all left the sector; it’s changing seats within it.
Two developments made headlines.
First, the scandal involving Jensen Huang has continued to escalate, and the board has launched an independent investigation. The market has already cast a vote of no confidence over whether the CEO’s position is secure.
Second, U.S. inflation came in higher than expected, and markets are starting to bet that interest rates could rise in December. As borrowing gets more expensive, AI companies that rely on burning cash to expand are likely to be hit first.
Nvidia reports earnings on November 17. At this point, betting on a rebound and waiting for confirmation of an uptrend are two completely different trades. $NVDA $KORU $SOXL
All three major U.S. stock indexes closed lower last night. The Nasdaq fell 0.74%, while the Dow and S&P 500 each dropped between 0.3% and 0.4%. But the indexes only tell part of the story; what’s happening beneath the surface with investors’ money is more worth watching.
Trading volume:
Nvidia alone accounted for about $72.2 billion, the highest of any stock—nearly three times AMD, which ranked second.
Price changes:
Nvidia fell 5.47% to close at $168.89, exactly 30% below its 52-week high.
AMD, by contrast, rose 1.30%, while Microsoft fell 2.20%. AI stocks surged and then retreated. Money hasn’t all left the sector; it’s changing seats within it.
Two developments made headlines.
First, the scandal involving Jensen Huang has continued to escalate, and the board has launched an independent investigation. The market has already cast a vote of no confidence over whether the CEO’s position is secure.
Second, U.S. inflation came in higher than expected, and markets are starting to bet that interest rates could rise in December. As borrowing gets more expensive, AI companies that rely on burning cash to expand are likely to be hit first.
Nvidia reports earnings on November 17. At this point, betting on a rebound and waiting for confirmation of an uptrend are two completely different trades. $NVDA $KORU $SOXL
