Nvidia fell sharply on Monday, with a 5% decline, following a 4% drop last week, ending an eight-week streak of gains. This sell-off occurred after Nvidia briefly surpassed Microsoft to become the largest company in the United States by market value. Nevertheless, Nvidia’s stock price has still risen by about 150% this year, making it the second best-performing company in the S&P 500 index. Analysts believe that Nvidia’s pullback is healthy.
Bitcoin Plunges Below 60K Dow Jones Surges Nvidia Slumps Over 6 to Regain Third Place in Market Value