Nvidia Is Sinking Today -- Is the Stock a Buy?
Nvidia (NASDAQ: NVDA) stock is heading lower in Tuesday's trading. The company's share price was down 1% as of 1 p.m. ET against the backdrop of a 0.5% decline for the S&P 500 index and a 1.1% decline for the Nasdaq Composite index. The artificial intelligence (AI) leader's stock had been down as much as 4.5% earlier in trading.Nvidia stock is slipping today as investors consider the potential impacts from new tariffs, new Chinese chip sanctions, and other pressures. The tech giant is also due to report its fourth-quarter report after the market closes tomorrow, and investors are feeling some jitteriness when it comes to valuation profiles for AI stocks. Nvidia's fourth-quarter release tomorrow is poised to be one of the biggest stock market events in 2025 so far. The average analyst estimate calls for the business to post net income of approximately $21.1 billion on sales of over $38 billion. The company's forward guidance will also be under the microscope and treated as a key indicator for overall growth in the AI market.Continue reading
Nvidia (NASDAQ: NVDA) stock is heading lower in Tuesday's trading. The company's share price was down 1% as of 1 p.m. ET against the backdrop of a 0.5% decline for the S&P 500 index and a 1.1% decline for the Nasdaq Composite index. The artificial intelligence (AI) leader's stock had been down as much as 4.5% earlier in trading.
Nvidia stock is slipping today as investors consider the potential impacts from new tariffs, new Chinese chip sanctions, and other pressures. The tech giant is also due to report its fourth-quarter report after the market closes tomorrow, and investors are feeling some jitteriness when it comes to valuation profiles for AI stocks.
Nvidia's fourth-quarter release tomorrow is poised to be one of the biggest stock market events in 2025 so far. The average analyst estimate calls for the business to post net income of approximately $21.1 billion on sales of over $38 billion. The company's forward guidance will also be under the microscope and treated as a key indicator for overall growth in the AI market.
