Has Nvidia (NVDA) stock lost momentum?

After an impressive run in 2024, powered by the artificial intelligence (AI) boom, Nvidia’s (NASDAQ: NVDA) stock price seems to be cooling off compared to general market sentiment.In fact, Nvidia ended the latest trading session relatively flat compared to other equities, which showed positive momentum after the Federal Reserve’s interest rate cut decision. Specifically, NVDA closed the day valued at $116, down 1.5% over the 24 hours. In a weekly timeframe, the semiconductor giant has dropped 0.5%. Despite ...