Three Big Holes in Nvidia’s Safety Net
Investors can’t afford to ignore any, but should pay special attention now to Gemini 3.
Market anxieties get a runaround.
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Last week’s earnings from Nvidia Corp. did just enough to steady market fears that the AI-fueled rally has run ahead of itself. But as this terminal chart demonstrates, those anxieties eased only after a remarkable runaround. The company’s shares surged once its results came out Wednesday after the market, and then slid all day Thursday, taking the S&P 500 with them. Friday’s partial recovery left the benchmark where it had started Wednesday, but Nvidia remained behind. Plenty of people decided its results had given them just the opportunity they needed to take profits in the world’s largest company: