Discover the rollercoaster ride of Nvidia's stock price and the reasons behind its dramatic fall. Find out what experts think about the future of this AI darling.
Nvidia, once the world's most valuable company with a market cap of $3.34 trillion, has seen a sharp decline in its stock price, losing over $500 billion in just a few days. The chipmaker, known for its AI technology, surpassed Microsoft and Apple in market valuation but has now dropped to third place globally. Analysts speculate that fears about an overvalued stock have contributed to the significant sell-off, causing Nvidia shares to tumble 13% over three sessions.
Investors are closely monitoring Nvidia's stock rebound after the massive sell-off, with experts questioning the sustainability of its previous meteoric rise. The recent correction has raised concerns among traders, who are now exploring technical analysis to predict the stock's future trends. Despite the current downturn, some analysts believe that Nvidia's stock price won't fall indefinitely and suggest that this could be an opportunity for bargain hunters to enter the market.
Meanwhile, amidst the market volatility, Super Micro, a company associated with Nvidia's success, has also experienced a recovery in its stock price. The tech industry as a whole is facing uncertainties as Nvidia's fluctuating fortunes impact related companies. As Nvidia navigates this turbulent period, investors and analysts are eagerly watching for signs of stability and potential growth in the future.
In a surprising twist, Nvidia's stock showed signs of stabilizing after the massive selloff, providing a glimmer of hope for investors. Analysts are closely monitoring the situation to determine if this is a temporary reprieve or the beginning of a more stable period for the chipmaker. The rollercoaster ride of Nvidia's stock price serves as a reminder of the volatile nature of the market and the importance of careful investment strategies in navigating such fluctuations.
The chipmaker - whose shares had risen nine-fold since the end of 2022 - overtook Microsoft as its stock market valuation reached $3.34trn (ยฃ2.63bn). Since ...
Now worth $2.91 trillion, Nvidia has fallen into third place globally, behind Microsoft (MSFT) and Apple (AAPL), which have a market cap of $3.33 trillion and ...
The "AI darling" has recorded losses for three trading days in a row, waving goodbye to more than $500 billion in market value since last week's peak.
Nvidia shares slide 13% over last three sessions, wiping out half a trillion dollars of value since it became world's most valuable company last week.
Nvidia stock looks to have been hit by fears over a potentially stretched valuation. Companies seen as associated with Nvidia's success also looked to be ...
Nvidia shares are officially in correction territory! Royston Wild explores whether now could be a good time for dip buyers to snap up the AI stock.
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Nvidia Corp.'s three-day, $430 billion selloff has traders turning to technical analysis for clues on where the bottom may be.
Nvidia, which was the world's most valuable company just last week, is now worth $2.9 trillion, making it once again the third largest company.
Shares of the AI company are down 13% in just a week, erasing more than $428 billion in market value. That's more than what 96% of the stocks in the S&P 500 are ...
(Bloomberg) -- Nvidia Corp. shares showed signs of steadying after a $430 billion selloff sent traders searching for signals as to where the bottom may be.
Inside Nvidia's $500 Billion Wipeout · That said, analysts are still bullish on Nvidia and A.I. The company has repeatedly blown past Wall Street's forecasts as ...
Nvidia has rapidly lost about $500 billion off its market capitalization amid concerns that the GPU maker may have become overvalued or that the AI market ...
US stocks traded mixed on Tuesday, pulled in opposite directions from the Nasdaq and the Dow, as AI chipmaker Nvidia (NVDA) eyed a cautious comeback from a ...
Over the next three trading days, however, Nvidia shares plummeted 13%. The company lost more than $500 billion in value and plopped down to third place among ...
Nvidia recently lost its short-lived standing as the world's most valuable public company after a $227 billion stock selloff.
Nvidia shares ended 6.8% higher at $126.09 apiece on June 25 after losing 13% from June 18 close of $135.58. The drop followed a rally in Nvidia shares seen ...
The Nasdaq Composite climbed 1.3%, while the S&P 500 gained 0.4%. The Dow Jones Industrial Average fell 0.8%, ending a five-day winning streak. Nvidia's (NVDA) ...
Nvidia shares rebounded Tuesday, halting a three-day skid that had surprised many investors and wiped away more than $400 billion in market value.
Shares in Nvidia surged nearly 7% on Tuesday, snapping out of a three-session tailspin that had erased about US$430 billion (RM2.02 trillion) from the ...