Nvidia’s stock sinks, wiping out six months of gains as the AI trade unravels

Date:

Share post:



Last Updated:
First Published:

Nvidia Corp.’s stock is sinking toward its lowest levels in months as the artificial-intelligence trade continues to unravel.

Shares of Nvidia

NVDA fell 8.7% on Monday, having wiped out nearly six months of gains since closing at $108.10 on Sept. 10, 2024, according to Dow Jones Market Data.



Source link

Alexandra Williams
Alexandra Williams
Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

Recent posts

Related articles

The winner of EA’s ‘Madden’ videogame tournament will get more prize money than the NFL’s Super Bowl champions

Last Updated: March 3, 2025 at 10:21 p.m. ETFirst Published: March 3, 2025 at 4:58 p.m. ETKids who are...

Walgreens’ breakup looms as $10 billion sale to go private is reportedly in the works

Acquisition by Sycamore Partners could be announced this week, WSJ reportsPublished: March 3, 2025 at 9:14 p.m. ETDrugstore...

U.S. stocks are being trounced by Europe as Trump retreats from Ukraine, focuses on ‘America First’

Last Updated: March 3, 2025 at 7:13 p.m. ETFirst Published: March 3, 2025 at 6:16 p.m. ETIt might go...

Why bitcoin bulls aren’t happy about Trump’s plans for something they’ve long wanted: a crypto reserve

Published: March 3, 2025 at 5:34 p.m. ETA backlash over President Donald Trump’s plan to include three small...

Okta delivers what some of its bigger peers couldn’t: a rosy outlook

Published: March 3, 2025 at 4:38 p.m. ETNot all software companies are giving upbeat guidance these days, but...

What record levels of uncertainty mean for the stock market

Published: March 3, 2025 at 3:24 p.m. ETContrarians see a silver lining in the Global Economic Policy Uncertainty...

Options traders are bracing for a stock-market crash

Published: March 3, 2025 at 12:50 p.m. ETOptions traders are bracing for a looming stock-market crash, the latest...

Kroger CEO Rodney McMullen resigns following probe of personal conduct

Last Updated: March 3, 2025 at 11:34 a.m. ETFirst Published: March 3, 2025 at 7:08 a.m. ETKroger Co.’s stock...