StockNews.AI
NVDA
Barrons
218 days

Nvidia, Tesla, JPMorgan Chase, Wells Fargo, and More Stock Market Movers - Barron's

1. Nvidia stock dropped 2.9% after HSBC lowered price target to $185. 2. Despite the decrease, HSBC maintains a Buy rating on Nvidia shares. 3. Nvidia has gained over 170% in the past year but faces major market fluctuations. 4. US jobs report uncertainty raises doubt about future interest rate cuts. 5. Stock futures decline indicates broader market pressure affecting tech stocks.

5m saved
Insight
Article

FAQ

Why Bearish?

HSBC's price target reduction and market trends suggest potential downward pressure.

How important is it?

Price target changes and market performance are crucial for NVDA's short-term outlook.

Why Short Term?

Immediate market fluctuations may impact Nvidia, similar to prior earnings reactions.

Related Companies

Related News