Apple, Tesla led a market sell-off right after Wednesday's rally. FedEx, Rivian were earnings movers. Read More...
Motley Fool
Why Nvidia Stock Dropped Again Today
For five long days, it looked like the stock of Nvidia (NASDAQ: NVDA) could do no right, falling steadily day after day. KeyBanc noted strong demand for cloud computing services and that sales of Nvidia’s semiconductors (which help with cloud computing) seemed to participate in that growth. Today it’s back to the same old story for Nvidia: Analysts are optimistic that the global semiconductor shortage will continue into 2022, and that it will be good news for semiconductor stocks in general.
