NVDA is trading at $210.00 (-3%) amid a broader tech sell-off triggered by concerns over AI profitability.
- The stock is down from yesterday's close of $216.61, primarily driven by a report that OpenAI missed internal revenue and user targets, sparking investor concern about the path to monetization for AI investments. [6, 19]
- This news has overshadowed general market weakness, with NASDAQ Composite futures also trading down 0.68%. [6]
- Investors remain cautious ahead of key tech earnings from MSFT and META scheduled for tomorrow, which are seen as a major test for AI-related spending and revenue. [2, 8, 9]