Nvidia CEO Exit Wipes Out Much of the Nasdaq 100 Rebound

The Nvidia CEO resignation sent shares down around 10%, dragging AI stocks and the Nasdaq 100 lower after a strong weekly rebound. Fawad Razaqzada, Market Analyst at StoneX, explains how the selloff spread across the AI trade and which technical areas the Nasdaq 100 is testing. Nebius fell around 20% and CoreWeave dropped by double digits as investors reassessed exposure to the AI computing providers behind the boom. With Nvidia more than 35% below its record, the debate turns to whether dip buyers return, while the Nasdaq 100 tests its 200-day moving average. 0:00 Nvidia CEO Exit Rattles Tech 0:43 Nebius and CoreWeave Bleed 1:14 Nvidia Dip Buyers Make a Case 1:52 Nasdaq Rebound Loses Footing 2:17 Nasdaq 100 Ceiling Turns Floor 2:53 200-Day Close Decides Momentum Discover Actionable Insights with the latest Market Outlook Reports: https://intel.stonex.com/offer?language=en&campaignId=A908C315-DC62-4F35-AC16-870BB71E84D1&utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_fawad_razaqzada&utm_content=share Like and subscribe for more financial market insights. #Nvidia #Nasdaq #StoneX #FawadRazaqzada --------- Like this video? Subscribe and turn on notifications so you don't miss any videos from StoneX: https://www.youtube.com/@stonex_official Visit https://www.stonex.com/en/insights/thought-leadership/?utm_source=youtube&utm_medium=social for insights, perspectives and thought leadership from StoneX's global network of experts. Visit our website: https://www.stonex.com?utm_source=youtube&utm_medium=social