Nvidia Slumps 1.61 as $24.28 Billion Volume Ranks Second

. 16, , ranking second in the market. The stock's performance reflected mixed market sentiment amid evolving industry dynamics.

Recent developments highlighted the company's strategic positioning in AI infrastructure, with key partners expanding deployments of its GPU solutions. Analysts noted that while demand for high-performance computing remains robust, near-term pricing pressures and supply chain adjustments could moderate growth trajectories. Regulatory scrutiny in key markets also emerged as a potential headwind for large-cap tech players.

The strategy involves a cross-sectional, multi-stock portfolio approach, re-selecting the top 500 stocks by dollar volume daily and holding for one trading day. Current back-testing tools are limited to single-instrument analysis, requiring either an index proxy or external data aggregation to replicate the methodology. A proxy using liquid benchmarks like SPY could approximate performance, though it would exclude volume-based selection effects.

For a full implementation, daily volume and return data across the U.S. equity universe would need to be processed to construct and rebalance the portfolio manually. This approach requires external tools beyond the current platform's capabilities. Users may choose to proceed with a simplified proxy or outline additional data requirements for an offline analysis.