Global tech stocks, including Nvidia, experienced a significant pullback due to profit-taking, macro uncertainties, and U.S. government shutdown concerns, signaling a healthy correction after an exte…
NVIDIA slipped about 0.82% intraday while other tickers (KC, HM_B, BIDU) posted gains, implying sector rotation and short-term profit-taking rather than a company-specific catalyst.
NVIDIA extended a six-day losing streak and dipped toward its lowest close since July, down 6.29% over the streak despite strong year-to-date gains and trading heavy intraday volume.
Cambricon plunged after a rapid rally as investors took profits and index rebalancing fears rose; broader China AI and semiconductor shares fell amid reports Beijing may move to cool the market, dent…
Tesla shares fell roughly 3–4% after profit-taking, hotter Core PCE inflation, weak Full Self-Driving demand, and a 40% year‑over‑year drop in July European sales, with BYD gaining market share.
Nvidia shares slid over 3% after quarterly results disappointed, sparking concerns about China export restrictions and rising competition from Chinese AI chipmakers, pressuring AI and chip peers.
Nvidia beat EPS but only matched revenue and guidance, showing slowing growth and rising inventory, prompting a modest share dip amid volatile AI-led mega-cap selling.