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Dan Ives on Stock Market: Today ‘Is a Dark Day,’ NVidia, AI Revolution, Tech ‘Got Cut in the Knee’

‘The stock got crushed today’
By Grabien Staff

EXCERPT:

BOLDUAN: "But you mentioned bipolar markets. This is bipolar from last night."

TUCHMAN: "But a lot has changed since last — "

IVES: "But I would say, but the unfortunate reality, today is a dark day — "

BOLDUAN: "Yes."

IVES: " — because it comes down to like Nvidia, the golden child of the market. A.I. revolution, tech, got cut at the knees. I mean, essentially, we talked about it last night."

BOLDUAN: "You guys called this last night."

IVES: "Look, because essentially the government, if you look at it, you could call it restrictions. It's a blockade into China. It's a 'do not enter' sign into China for U.S. tech. Nvidia numbers got cut, the stock got crushed today. And, of course, you — when you look at Powell back against the wall, you have a huge inflationary policy. What's he going to say?"

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