SoftBank sells its entire stake in NVIDIA
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Nvidia, Wall Street and Palantir Technologies
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Now, let's consider what's happening on Nov. 19. After the market closes, Nvidia is scheduled to report third-quarter earnings for the 2026 fiscal year. The company's track record is solid, having reported positive surprises over at least the past four quarters.
Shares of the U.S. stock market's biggest and eighth biggest companies are under pressure in Tuesday's pre-market trading as uncertainty over big tech valuations linger. But Nvidia and Meta stock have specific issues to contend with,
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Softbank Dumps 100% of Nvidia Shares
Softbank has sold its entire Nvidia stake, suggesting it believes that the better part of the AI chip giant’s run-up is behind it.
SoftBank Group Corp.’s stock slid as much as 10% after the tech investor’s exit from AI sector leader Nvidia Corp. spooked investors already nervous about climbing tech sector valuations.
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Nvidia’s stock has fallen due to AI bubble fears. Why analysts believe concerns are overblown.
To some research analysts on Wall Street, it’s looking like a buying opportunity. The stock fell almost 10% over the course of the last week amid a general tech selloff but has been showing signs of recovery on Monday morning.