Nvidia, the AI chipmaker, experienced a $430 billion selloff, prompting traders to use technical analysis for a potential bottom. Executives selling shares may not indicate negative implications. If Nvidia's stock drops below $115, a significant sell-off could be triggered. Despite being the world's most valuable company briefly, Nvidia's market cap is now below that of Microsoft and Apple. The stock's pullbacks historically turned into buying opportunities, but the recent roller coaster ride highlights its significance in the $9.2 trillion US ETF complex.
Nvidia’s latest market roller coaster is a cautionary tale of the importance of the AI chipmaker in the $9.2 trillion US ETF complex. https://t.co/m1xKtiOlbw
Nvidia’s meteoric rise has left investors both giddy and anxious. And it’s posing some questions.
Nvidia stock has had pullbacks before, and they often turn into buying opportunities.
Artificial intelligence chipmaker Nvidia became the world's most valuable company last week — and then shares plummeted 13% over the next three trading days. Here's why: https://t.co/cVWwmmoVh0
If Nvidia's stock price falls below $115, which is a key technical resistance level, it could trigger a significant sell-off. https://t.co/vLLtVIeNNl Nvidia's market cap is currently below that of Microsoft and Apple. https://t.co/vz3qrEXp54
Nvidia execs have been selling shares. That may not mean what you think it does. https://t.co/1LHfCGsoyl
Nvidia’s three-day, $430 billion selloff has traders turning to technical analysis for clues on where the bottom may be https://t.co/jJRMZUNC9n