U.S. stocks opened sharply higher, but NVIDIA plunged into the red. Indeed, the drama surrounding the CEO has kept shareholders awake. The S&P 500 surged strongly, while NVDA dropped nearly 8% to around $171 before recovering slightly. This all unfolded as NVIDIA launched an investigation related to CEO Jensen Huang. While the entire market turned green, the AI titan took a hit. Do you think NVDA will face further selling pressure?
Martin HoShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.