To The Moon

Nvidia was slipping early on Tuesday. The chip maker's stock is down from recent highs and one analyst says a sharper fall is on the way.Nvidia shares were down 0.6% at $865.91 in premarket trading. The stock closed down 1.0% at $871.33 on Monday.The stock has dipped following an initial spike in the wake of the company's GTC developers' event when it unveiled its new range of Blackwell chips. It is now slightly lower than before the conference started. While consensus estimates call for demand for Nvidia's graphics-processing units to power artificial-intelligence technology to be strong this year, the expectation is for growth to slow from 2025 onward.D.A. Davidson analyst Gil Luria has a Hold rating on Nvidia stock and a $620 target price, which is among the lowest by any Wall Street analyst.He argues that major AI chip customers such as Amazon.com and Microsoft are likely to shift a greater amount of their investment toward in-house hardware and calls for a "significant cyclical do

It indicates an expandable section or menu, or sometimes previous / next navigation options.An envelope. It indicates the ability to send an email.A stylized bird with an open mouth, tweeting.An image of a chain link. It symobilizes a website link url.Tesla, Nvidia, and Apple led the way as the most painful short bets.There was no shortage of bearish forecasts and recession outlooks coming out of Wall Street at the start of last year.With the exception of Fundstrat's bullish strategist Tom Lee, just about everyone was wrong. Stocks soared, the economy proved resilient, and analysts have either pushed back or reversed their forecasts for a downturn.Over the last 12 months, the S&P 500, Nasdaq, and Russell 3000 indexes gained 24%, 43%, and 24%, respectively.The stunning strength of the market and the economy left US and Canadian short sellers with $194.9 billion in paper losses, according to research firm S3 Partners. Shorting a stock is when an investor bets the price will fall.Tesla, f