Global chip stocks, including Nvidia, have entered a technical correction with Nvidia declining over 10% from its recent all-time high. Nvidia is down 20% from its peak, with its drawdown extending to -15%. Big Tech stocks are slumping, with Nvidia falling almost 5% and breaching the 50-day mark.
$NVDA fell below the 50-day today, as momentum reverses π https://t.co/vehTM7RvXg
Big Tech stocks are slumping, with Nvidia down almost 5% https://t.co/QrUcQUpSGB
NVIDIA's $NVDA drawdown extends to -15% after another 4% decline today (as of 12:40 AM ET).
BREAKING: The S&P 500 is now down 300 points from its March 28th all time high as tech stocks fall sharply. Since March 28th, the S&P 500 has now erased $2.5 TRILLION in market cap. Chip stocks are down sharply with Nvidia, $NVDA, now down 20% from its all time high. This is⦠https://t.co/v87nm70Lg5
$NVDA locked all for 300%+ holding from ystd https://t.co/sbx85siqb2
$NVDA target 745-740 https://t.co/hptO20n0wI
#NVDA down over 3% https://t.co/9r6uBCAkd2
Nvidia $NVDA has entered a technical correction after declining more than 10% from its recent all-time high https://t.co/Yzcu87rwdW
$NVDA holding overnight p positions - lotto https://t.co/G1Nzrktu4G
$NVDA - coming off 824 $SPY $DIS $AVGO https://t.co/TPngumGSoA https://t.co/7iY9ImO2IY
$NVDA locked all for profits 350%+ https://t.co/NT6lRRWplG
Watching ~825 on $NVDA for next broader low
$NVDA $TSLA eye on these
$NVDA There is a small gap to fill around 822.75. If name cannot hold the 50dma around 836-837, we headed there.
Nvidia, Chip Stocks Drop Into Correction as Rate Bets Shift https://t.co/wEWdSYEnoi
A gauge of global chip stocks and AI bellwether Nvidia have fallen together into a technical correction https://t.co/EDAmACcqSO