"Of course, a sudden rise in geopolitical uncertainty shouldn't be a reason to hit the panic button, even as the U.S. dollar and Treasuries took some big steps lower as gold and silver prices continued to rocket through the roof. And with Ray Dalio bringing up the potential of "capital wars," it's certainly not an easy time to be an investor in 2026."
"While the relatively flat past three months for Nvidia might be a sign for some that it's time to get out before the next high-stakes quarter, I do think that bailing on the name amid its consolidation could accompany a great deal of upside risk as well, especially with Vera Rubin in full production, likely ready to go in the second half of the year."
Nvidia shares plunged more than 4% in a single day amid a broader tech sell-off and rising geopolitical tensions, including an escalation in Greenland. The U.S. dollar and Treasuries moved lower while gold and silver surged, and concerns about "capital wars" were raised by Ray Dalio. Despite strong performance in prior years, some investors feel tempted to take profits as market volatility increases, though the S&P 500 was down less than 3%. Nvidia has been relatively flat over the past three months and is consolidating while Vera Rubin moves into production and may ship in the second half of the year. Michael Burry's bearish bets looked prescient as Nvidia traded below $180, and upcoming quarterly earnings present a high bar that could test shareholder patience.
Read at 24/7 Wall St.
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