Tech Stocks Weekly Recap: Nvidia’s AI Surge vs. Bubble Fears
Nvidia reported Q3 revenue of $57 billion, beating estimates and issuing strong guidance, but its shares fell nearly 6% for the week as AI bubble concerns grew. The Nasdaq dropped 2.7%, its third straight weekly loss, and volatility surged with intraday swings over 1,000 Dow points. Friday’s rally trimmed losses, but tech stocks remained the week’s worst performers.