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Analysis: AI Stocks Sell Off, Nasdaq and Nvidia Break Key Support; Investors Grapple with What Comes Next | FinOracle

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    Analysis: AI Stocks Sell Off, Nasdaq and Nvidia Break Key Support; Investors Grapple with What Comes Next | FinOracle

    Market Trends & Social Media Insights – October 12, 2024 18:28

    Analysis: AI Stocks Sell Off, Nasdaq and Nvidia Break Key Support; Investors Grapple with What Comes Next | FinOracle

    Market Signals: Insights from Financial Data & Social Media Trends – 12.10.2024 16:28

    Analysis: AI Stocks Sell Off, Nasdaq and Nvidia Break Key Support; Investors Grapple with What Comes Next | FinOracle

    Stock Market Update: Insights on D-Mart’s Revenue Boost – 12.10.2024 14:28

    Analysis: AI Stocks Sell Off, Nasdaq and Nvidia Break Key Support; Investors Grapple with What Comes Next | FinOracle

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    Analysis: AI Stocks Sell Off, Nasdaq and Nvidia Break Key Support; Investors Grapple with What Comes Next | FinOracle

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    Analysis: AI Stocks Sell Off, Nasdaq and Nvidia Break Key Support; Investors Grapple with What Comes Next | FinOracle

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    Analysis: AI Stocks Sell Off, Nasdaq and Nvidia Break Key Support; Investors Grapple with What Comes Next | FinOracle

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Analysis: AI Stocks Sell Off, Nasdaq and Nvidia Break Key Support; Investors Grapple with What Comes Next

Dow Jones futures, along with S&P 500 futures and Nasdaq futures, rose slightly after hours. The stock market rally lost ground, with the Nasdaq composite falling below its 50-day moving average and Nvidia undercutting its 50-day line for the first time in months. Walt Disney, Trade Desk, Illumina, Fluence Energy, and Wynn Resorts reported earnings. Investors are wondering whether it is time to sell or buy Nvidia stock and whether this is a critical time for the stock market rally.

by Terry Bingman
Fri, Aug 11, 2023 12:00pm
in Stock Market
• 2 mins read
14.8k
Analysis: AI Stocks Sell Off, Nasdaq and Nvidia Break Key Support; Investors Grapple with What Comes Next | FinOracle

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Is Nvidia stock a buy or a sell? That’s a question that many investors are asking themselves as the stock recently broke below its 50-day moving average for the first time in months. The pullback in Nvidia’s stock is not an isolated event, as other AI stocks have also seen notable losses. Super Micro Computer, Palantir Technologies, C3.ai, Upstart Holdings, Broadcom, and Marvell Technology are just a few of the other AI plays that have experienced declines in recent days.

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Tags: AIAppleARBreak keyBroadcomC3.aiCommodityDow JonesETHFuturesInflationInvestorMarketMarket correctionMarvell TechnologyMoving averageNasdaqNasdaq CompositeNASDAQ futuresNVIDIAPalantir TechnologiesS&P 500StockStock marketUpstart HoldingsUSWalt DisneyWynn Resorts
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