Nvidia Headed for Longest Losing Streak Since 2022 as Tech Stocks Slide -- WSJ
Dow Jones2026/08/24 18:03By Shradha Dinesh
Nvidia shares are down 2.4% today, putting the chip maker on track for its seventh consecutive loss-its longest losing streak since September 2022. Prices have fallen about 7% over this period.
The company will be the last of the Magnificent Seven to report its earnings late on Wednesday. Expectations are high. And investors are looking for proof the AI boom is far from over.
Nvidia is the most active stock in the S&P 500 and Nasdaq 100 today; its losses today have also erased about 30 points from the Dow Jones Industrial Average.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
August 24, 2026 14:03 ET (18:03 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Nvidia continues to plummet, losing $430 billion in market value over two days, with Microsoft temporarily reclaiming the world's second place.
On Tuesday, Nvidia closed down 5.5%, a decline significantly greater than other major tech stocks, making it a key factor dragging down the tech sector's performance. During intraday trading on Tuesday, Microsoft's market capitalization briefly surpassed Nvidia, making it the world's second largest publicly traded company by market value. However, after Anthropic released its office suite, Microsoft's losses widened, causing it to fall behind Nvidia once again.
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