An analyst from TradingShot predicts Nvidia's stock could fall to $125 by mid-October 2026, based on technical chart patterns showing a potential cycle peak similar to those in 2018 and 2022. This forecast suggests a prolonged correction despite Nvidia's strong fundamentals and AI-driven revenue growth, including record fiscal 2026 earnings. Key support levels to watch are the 100-week moving average near $165 and the 200-week moving average around $125. While the technical outlook signals downside risk, Wall Street remains bullish on Nvidia's long-term growth prospects in AI and related technologies.
Nvidia CEO Jensen Huang personally reviews and approves the pay for all 42,000 employees, consistently increasing the company's spending on salaries. Huang believes in paying employees as much as possible, arguing that taking care of people leads to ...
SpaceX's upcoming May 2026 IPO filing reveals $18.7 billion revenue in 2025, led by Starlink's $11.4 billion revenue and rapid subscriber growth to 10.3 million. The company also invests heavily in AI, with $7.7 billion capital expenditure in Q1 2026...
Nvidia CEO Jensen Huang is under pressure to testify before Congress about the company's AI chip sales to China and the impact of export controls. Senator Elizabeth Warren accuses him of lobbying against tighter restrictions that aim to protect U.S. ...
SpaceX signed a $920 million monthly compute-leasing agreement with Google, granting access to about 110,000 Nvidia GPUs through mid-2029. This deal, revealed just days before SpaceX's IPO, includes an exit clause for Google if SpaceX fails to delive...
The Nasdaq dropped 4.1% on Friday, wiping out nearly a month of gains amid a tech stock selloff that also dragged the S&P 500 down 2.6%, ending its nine-week winning streak. Major tech companies like Intel, Oracle, and Nvidia saw significant declines...
