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.
Copart GAAP EPS of $0.33 Misses by $0.04, Revenue of $1.76B Beats by $690M
Nvidia Says It Did Not Receive DOJ Subpoena Despite Reports
Spotlight on Booking Holdings: Analyzing the Surge in Options Activity
Broadcom Q3 Earnings Preview: Can 'Sustained AI Order Momentum' Help Company With History Of Analyst Estimate Beats
Nivida's Tuesday Plunge Largest Ever Single-day Market Cap Drop in History
BofA's Global Contenders and Defenders List
'SpaceX Pulls Employees From Brazil, Discourages Travel There, As Musk Battles Court Over X; The Moves Show How Musk's Legal Dispute About X Is Affecting SpaceX And Its Starlink Satellite-Internet Service' - WSJ
10 Information Technology Stocks With Whale Alerts In Today's Session
How Is The Market Feeling About PACCAR?
Coca-Cola Hits All Time New High As Nvidia Loses $279B, Jolts And Beige Book Ahead
KLA's Options: A Look at What the Big Money Is Thinking
AI Could Lower Oil Prices Via Improved Logistics And Resource Allocation: Goldman Sachs
What's Going On With Intel Stock?
Nasdaq, S&P, Dow Search for Firm Direction After Data Mark Weakening in the Labor Market
UBS's Investing and Allocation Recommendations for the Near Term Volatility
Moovin Stonks | Job Openings Fall, Market Rebounds a Little
Booking Holdings Analyst Ratings
Astera Labs Upgraded to Overweight on AI Connectivity Demand: MS