US EditionUS lawmaker targets Nvidia chip smuggling to China with new bill
- Nvidia's stock experienced a strong rally in early May 2025, reaching a peak of $114.50 on May 2 before declining in pre-market trading on May 5.
- This rally followed Microsoft’s positive earnings report signaling confidence in AI infrastructure, which also influenced investor sentiment toward Nvidia and its competitor AMD.
- Rising bearish bets and a short volume ratio hitting two-week highs indicate increased market speculation about a possible upcoming correction in Nvidia’s stock.
- Nvidia’s short volume ratio rose to 54.48 on May 2, coinciding with the stock’s 1.44% decline to $114.50, while pre-market trading on May 5 saw shares fall further to $112.85.
- Investors await AMD’s May 6 earnings report for clearer insight into the semiconductor sector’s performance, which may affirm or challenge Nvidia’s recent stock rally and volatility.
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Nvidia stock shorts rocket to two-week highs
The post Nvidia stock shorts rocket to two-week highs appeared on BitcoinEthereumNews.com. ⚈ Nvidia short interest surged to 54.48 as stock peaked in early May ⚈Pre-market decline suggests a potential correction amid rising bearish bets ⚈ Upcoming AMD earnings may validate or challenge Nvidia’s recent rally Following Nvidia (NASDAQ: NVDA) stock’s strong rally in the early days of May, short sellers have taken to growing their bearish bets, with …
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Leaning Left1Leaning Right1Center4Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 17%
C 67%
R 17%
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