$NVIDIA(NVDA.US) tonight's market performance was mainly dragged down by AI stocks.
First, Nvidia's earnings report, although exceeding expectations, had weaker guidance. For the past two to three months, I've been concerned about a slowdown in 2025—it's inevitable. The only uncertainty was whether it would show up in this quarter's report or the next. Now it's reflected in this quarter's report, and the next one in November will likely be even more intense.
Second, since August 5th, the U.S. stock market has seen a continuous, sharp rebound, with many heavyweight stocks nearing new highs—Berkshire Hathaway even hitting record highs consistently. A pullback was overdue, and tonight finally saw that correction. NVDA went from 90 to 130...
As for other major negative catalysts, none are visible for now.
$Direxion Semicon Bull 3X(SOXL.US)
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
