Nvidia Decline Drags Nasdaq Lower
Nvidia's decline is negatively impacting the broader stock market.
Too little corroboration in the last 3 days to call a trend (3 articles). Watching for it to gain traction.
Mainstream financial press is carrying this — attention has broadened beyond specialist outlets.
"NVIDIA stock fell nearly 1% in premarket trading Thursday as a broader sell-off in technology stocks weighed on Nasdaq-linked names."
"Shares of Nvidia have tumbled nearly 20 per cent from their record high close in October, with the company caught up in a broad market selloff over fears that the U.S. and Israeli war on Iran will keep oil prices elevated and fuel a wave of inflation."
"Despite broadly bullish projections, NVDA shares have recently moved in line with broader market sentiment, which has remained bearish, triggered by the accelerating geopolitical tensions in the Middle East."
"Caution ahead of Nvidia’s earnings results after Wednesday’s close is limiting gains in the overall market."
"Nvidia saw its market cap losses from its record close reach $1 trillion."
"Overall, tech stocks have led the stock market's recent downturn."
"Making things worse for the U.S. stock market, some of its biggest stars are seeing their glow dim."
"Making things worse for the U.S. stock market, some of its biggest stars are seeing their glow dim."
"Making things worse for the U.S. stock market, some of its biggest stars are seeing their glow dim."
"The S&P 500 fell 1.5% Monday. Big Tech stocks took some of the heaviest losses, with Nvidia down nearly 17%."