Nvidia Stock Drops Sharply Just Hours Before Earnings Reveal

In November, Nvidia’s shares have fallen 9.16%. However, for 2025, they still show a strong gain of 36.95%.

From Peak to Pullback: NVIDIA’s Rally Stalls as Risks Mount

Quick overview

  • Nvidia shares are down 1.54% on Tuesday, marking a second consecutive day of losses as investors await the company's third-quarter earnings report.
  • The stock has fallen 9.16% in November but shows a strong gain of 36.95% for 2025.
  • The decline in Nvidia is impacting U.S. markets amid profit-taking, with the S&P 500 already down 3.2% from its recent high.
  • Global markets are also experiencing losses, with significant declines in Europe and Asia, as traders remain cautious amid economic uncertainties.

Nvidia shares, the semiconductor giant, are falling sharply this Tuesday on Wall Street, marking their second consecutive session of losses as investors wait for the company’s third-quarter earnings report.

Nvidia's all seeing eye is looking down on Tuesday.
Nvidia’s all seeing eye is looking down on Tuesday.

The tech company’s stock was down 1.54%, trading at $183.90 per share.
In November, Nvidia’s shares have fallen 9.16%. However, for 2025, they still show a strong gain of 36.95%.

NVDA/USD

The decline in Nvidia is dragging down U.S. markets amid profit-taking, as investors await the quarterly report to be released tomorrow—a report that will test whether the artificial intelligence momentum that has fueled markets in recent quarters still holds. Attention is centered on Nvidia’s results, which could set the tone for AI-related valuations at a time of uncertainty over interest rates and tech earnings. Specialists warn that the report may be decisive in determining whether the market takes a breather or deepens its correction, as the S&P 500 has already fallen 3.2% from its latest record high.

European and Asian Markets

Around the world, the picture is also negative. In Europe, the Euro Stoxx 50 is down 1.51%. Local losses are broad-based: Germany’s DAX drops 1.41%, while France’s CAC 40 slides 1.61%. Outside the eurozone, the U.K.’s FTSE 100 retreats 1.25%.

In Asia, Hong Kong’s Hang Seng plunges 1.72%, while the Shanghai Composite falls 0.81%. Meanwhile, South Korea’s Kospi sinks 3.32%, similar to the steep drop in Japan’s Nikkei 225, which falls 3.17%.

In Japan, Prime Minister Sanae Takaichi is scheduled to meet with Bank of Japan Governor Kazuo Ueda throughout the day. Traders remain on alert over the possibility of government intervention, as the yen continues weakening to multi-month lows, surpassing 155 per dollar—a level close to the one that triggered a currency intervention last year.

ABOUT THE AUTHOR See More
Ignacio Teson
Economist and Financial Analyst
Ignacio Teson is an Economist and Financial Analyst. He has more than 7 years of experience in emerging markets. He worked as an analyst and market operator at brokerage firms in Argentina and Spain.

Related Articles

HFM

Pu Prime

XM

Best Forex Brokers