AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
According to the 15-minute chart of Scage, the Bollinger Bands have narrowed and the KDJ indicator has recently crossed below the zero line, which suggests a decrease in the magnitude of stock price fluctuations and a shift in momentum towards the downside. This could potentially lead to further declines in the stock's price.
NVIDIA's stock price has been on an upward trajectory, rising by over 3% on September 23rd, according to market data. This positive movement follows the recent announcement of a strategic partnership between NVIDIA and OpenAI. The two entities have signed a letter of intent, with NVIDIA agreeing to invest up to $10 billion in OpenAI. In addition, OpenAI plans to deploy its first batch of 1 gigawatt (1GW) scale NVIDIA systems, which are designed for artificial intelligence data centers, in the second half of 2026. NVIDIA anticipates finalizing the details of this new partnership phase in the coming weeks.Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet