
Nvidia Corp.'s stock, symbolized as $NVDA, has experienced a significant shift in investor behavior following a 17% drop in a single day, which erased approximately $590 billion from the company's market capitalization. The decline was triggered by concerns over DeepSeek, a Chinese AI startup claiming high performance at a lower cost. Historically, Nvidia investors have been quick to buy the stock during dips, but the mood has changed since the DeepSeek-driven rout. Despite key clients like Amazon, Alphabet, Meta, and Microsoft planning a combined capital expenditure of $300 billion this year, Nvidia's shares have not rebounded to their January peak, remaining more than 12% below that level. The cautious investor sentiment is evident as buyers did not step in until the stock had fallen over 21% from its peak, a rare occurrence in recent years. This situation sets a different tone ahead of Nvidia's earnings report scheduled for February 26, with investors showing increased skepticism about the company's growth prospects amidst fears of a slowdown in AI spending. Nvidia is expected to report a revenue growth of 73%, down from 94% in the previous quarter and significantly lower than the 265% growth in the same quarter last year.




🇺🇸US pre-market movers🇺🇸 ES -0.2% NQ -0.2% RTY flat $NVDA dissolved stake in $SERV -30% $SOUN -12%; Reduced $ARM -1%; New $NBIS +6% $WRD +106% $AMAT -5%: Weak next Q rev. guidance amid tighter US export controls on chipmaking tech., while its largest market, China, saw reduced…
Billionaire investor David Tepper is making waves by scooping up shares of Nvidia while moving away from a key AI competitor. Discover the implications of this strategic shift and what it means for the tech landscape in our latest blog post. Read more: https://t.co/mCSyAvBVgZ
$NVDA dissolves stake in $SERV, $SOUN in 13-F filing