NVDA NVIDIA
- 106.210
- -1.790-1.66%
- 106.700
- +0.490+0.46%
NVIDIA News
Nvidia's Stock Ends Lower, but These Two Factors Could Reignite Momentum
Is the current decline in the US stock market far from over? Wall Street analyst: It will drop at least until early October.
Jeff DeGraaf, founder and technical strategist of Renaissance Macro Research, said that the current stock market downturn in the United States is clearly not over. He predicts that there may be further weakness in the U.S. stock market until the end of September, and it may spread to early October.
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"The Yellow Chief" continues to sell Nvidia (NVDA.US) shares, cashing out $27.6 million at the end of August and beginning of September.
Nvidia (NVDA.US) CEO Jensen Huang sold company stocks worth $27.6 million in a series of trades on August 30th and September 3rd. The selling price of the stocks ranged from $107.30 to $120.99.
Nvidia has fallen 11% in the past two days, and traders are closely watching the key level of $100.
Analysts believe that the main reason for nvidia's recent decline is still the concern about whether the massive spending on AI by the company is sustainable, and there may not be too many positive news driving it in the short term. However, analysts still hold an optimistic attitude towards nvidia's fundamentals and long-term prospects, implying the need for more patience.
nvidia fell 16% for the week! Wall Street analyst: The key bottom may be here.
Nvidia's stock price has fallen by 16% in the past week, and when it will hit bottom is a important question on many people's minds. Some technical analysts on Wall Street say that Nvidia's stock currently has two key support levels that could provide crucial support for its stock price, but if it falls below them, it could also break its long-standing market leadership position.
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Overnight news: Nasdaq and S&P both fell for two consecutive days. US oil fell below $70. Biden is preparing to intervene in the acquisition of United States Steel. The Beige Book from the Federal Reserve confirms economic slowdown.
For more global financial news, please go to the 24-hour real-time financial news market closing: US stocks rise and fall, Nasdaq and S&P indexes both fall for the second consecutive day. Top 20 US stock trading volume on September 4th: Dollar Tree's performance fell short of expectations, and the stock price fell by 22%. China concept stocks rise and fall on Wednesday, NIO Inc. rises by 2.2%, PDD Holdings falls by 5.1%. WTI crude oil in the United States fell 1.6% on Wednesday, falling below $70. International precious metals futures generally rise, COMEX gold futures rise by 0.14%. European stocks collectively fall, the Europe Stoxx 50 index falls by 1.28%. Macro Harris proposes to implement a 28% tax on high-income earners.
Overnight US stocks | S&p 500 index, Nasdaq fell for a second consecutive day. Nvidia (NVDA.US) dropped by 1.66%. Crude oil fell below $70.
As of the release, the Dow Jones rose by 38.04 points, an increase of 0.09%, to 40974.97 points; the Nasdaq fell by 52.00 points, a decrease of 0.30%, to 17084.30 points; the s&p 500 index fell by 8.86 points, a decrease of 0.16%, to 5520.07 points
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NVIDIA(NVDA.US) Officer Sells US$27.57 Million in Common Stock
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Form 144 | NVIDIA(NVDA.US) Officer Proposes to Sell 12.91 Million in Common Stocks
SEC FILLINGS DISCLOSED/ Sep 4, $NVIDIA(NVDA.US)$ Officer HUANG JEN HSUN intends to sell 120K shares of its common stock on Sep 4, with a total market value of approximately $12.91 million. HUANG
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