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Nvidia Is Worth $1.3 Trillion Less After Its 5th Straight Losing Week

Revenue topped $96 billion last quarter, but margins are slipping toward 71% to 72% and supply commitments have reached $279 billion, analysts said.

  • Nvidia shares closed at $186.71 on Friday, November 6, 2026, down 22% from the record high of $239.24 set on October 6, 2026, marking the stock's worst week since April 2025.
  • On November 5, 2026, Jim Cramer, a CNBC host, told viewers the stock is "on sale," calling it the "cheapest multiple on Nvidia in about a decade" as shares fell 9.26% that day.
  • Second-Quarter revenue reached $96 billion, beating estimates, yet margins are slipping toward 71% to 72% as supply constraints limit growth despite nearly $50 billion in AI infrastructure investments.
  • Global markets editor Jared Blikre attributed the sell-off to political concerns, noting that candidates in both parties ran against data center construction following the recent election.
  • Nvidia reports fiscal 2027 third-quarter results on November 17, with Wall Street expecting nearly $109 billion in sales and earnings per share of $2.47 to potentially stabilize the stock.
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24/7 Wall St. broke the news in Lakewood, United States on Friday, November 6, 2026.
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