The poster child of AI took a quick day off, with Nvidia down 6.7%.
The catalysts are very thin for some of the moves we are seeing, but as we are at the end of the month and the end of the quarter, I’m going to take the easy way out and blame it for now. One would assume that a significant rebalancing may be necessary after the quarter that US stocks have had so far.
NVIDIA tumbles but still on the rise
Additionally, given how some Fintwit users are reacting to the sale, it seems quite “healthy” to see these types of fixes.
leave nvidia alone
When a market capitalization of $2.9 trillion is up nearly 30% in less than a month, it seems like some moderation makes sense.
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