Prediction market traders are bearish on Nvidia stock heading into May 2026, with contracts suggesting the semiconductor company is unlikely to return to the high price levels seen in April. Nvidia shares have pulled back from above $212 to stabilize near $190, with a 71% chance of closing above $192 by the end of May. Investors await Nvidia's fiscal Q1 2027 earnings on May 20, looking for revenue growth exceeding 80% to spark a new rally. While AI spending by major tech firms supports bullish sentiment, risks from U.S. export restrictions and rising competition could limit Nvidia's near-term momentum.
The FTSE 100 index rose 98 points to 10,880, nearing its all-time high, driven by strong quarterly results from Unilever, which posted its best volume growth in over ten years. Other notable gainers included GSK, Diageo, and Croda, buoyed by positive...
MEXC's RealStocks platform, launched in June 2026, saw SpaceX (SPCX) capture nearly 30% of trading volume and user activity, marking it as the most popular stock among over 7,000 US stocks and ETFs available. AI-related stocks collectively accounted ...
Tech and chip stocks fell sharply as investors worry about a potential AI bubble and China's rapid tech advancements. Major US chipmakers like Micron, AMD, and Nvidia saw significant declines, while investors question if massive AI spending by giants...
Michael Burry, known as the 'Big Short' trader, has increased his short position against Nvidia as the stock price fell from around $210 to $193.45. Burry's bearish stance reflects his skepticism about the sustainability of the AI boom and concerns o...
Nvidia reported a doubling of its business year-over-year with Q1 2026 revenue reaching $81 billion and net profit at $58.3 billion. Despite these strong financial results, its shares have traded flat for six months, reflecting skepticism and competi...
