Why Nvidia Stock Is Sinking Again Today

Nvidia (NASDAQ: NVDA) stock is starting this week's trading off with another round of sell-offs. The company's share price was down 4.1% as of noon ET Monday amid a 2% decline for the S&P 500 (SNPINDEX: ^GSPC) and a 3.2% decline for the Nasdaq Composite (NASDAQINDEX: ^IXIC). The stock had been of as much as 5.8% earlier in trading.President Trump recently declined to rule out the possibility of a recession this year, and investors are selling out of Nvidia and other growth-dependent artificial intelligence (AI) stocks in response. But Nvidia investors actually did get some good news today.President Trump was asked in an interview on Fox News over the weekend if he anticipated a recession this year. He said, "I hate to predict things like that. There is a period of transition, because what we're doing is very big."Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool