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Stock impact report

Why Nvidia's stock sell-off matters and what people are saying about it [Yahoo! Finance]

Evercore Inc. Class A (EVR) 
Last evercore inc. class a earnings: 4/22 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
What we're watching What we're reading Economic data releases and earnings Something weird happened in the stock market this week — besides the thumping from a surprise Consumer Price Index (CPI) report. Market darling Nvidia's ( NVDA ) stock fell into correction territory, defined as a 10% decline from a recent high. At its low of around $830 midway through Tuesday's session, the stock was down 12.6% from its March 25 high. It has since recovered a bit to $900 but is still off by 5% from the highs. "This is a breather for Nvidia, as more investors are playing the 2nd and 3rd derivatives of AI across the semi and software ecosystem," Wedbush tech analyst Dan Ives told me. "We view this as a digestion period for the Street for Nvidia and nothing more." Maybe that will prove correct. Who knows? Bank of America analyst Vivek Arya notes volatility in Nvidia is nothing new — the current sell-off marks the ninth time the stock has declined 10% or more since ChatGPT was laun Show less Read more
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