Bearish

Investors lift Nvidia stock above $163 after Jensen Huang resigns

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Investors lift Nvidia stock above $163 after Jensen Huang resigns

Nvidia shares rebounded above $163 after dip-buying. The stock initially sold off on reports that Jensen Huang resigned, then recovered about half of the intraday loss. The move signals ongoing uncertainty about Nvidia’s outlook despite the partial recovery. Source: The Kobeissi Letter (@TheKobeissiLetter).

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Authors credited by the source: thekobeissiletter

Published by Holder based on an external source.