Nvidia shares are getting a lift after some encouraging comments from SpaceX and Tesla CEO Elon Musk.
NVIDIA (NVDA) has triggered a bullish technical breakout, supporting a buy rating on the GraniteShares 2x Long NVDA Daily ETF (NVDL). NVDL offers leveraged exposure to NVDA, with a $6 trillion market

Why Nvidia Stock Rallied Today

01:55pm, Wednesday, 05'th Aug 2026
Fears of an AI-related spending slowdown have weighed down Nvidia stock. One of the biggest names in technology singled out Nvidia's AI platform as the "best" and plans to use its GPUs exclusively.
More capable AI could create multiple different profit opportunities.

Nvidia: The Story Is Bigger Than GPUs Now

01:23pm, Wednesday, 05'th Aug 2026
Nvidia Corporation is upgraded from Hold to Buy as valuation now better reflects its robust, expanding AI platform and diversified growth drivers. NVDA's moat is deepening, with networking, software,
The Donald Trump administration's push to ban China's role in the U.S.-AI supply chain may have an unintended consequence: making it more difficult and expensive to build the very AI infrastructure U.
SpaceX's exclusive use of NVIDIA systems on Earth and in orbit expands its industrial AI reach and supports long-term growth.
Hank Paulson looked at the AI spending boom and recognized a pattern he watched up close in 2008. His warning has nothing to do with a crash, and everything to do with which rope you happen to be tied
Nvidia (NVDA) shares climbed about 3% on Wednesday as SpaceX selected the chipmaker as its sole AI hardware supplier for future infrastructure, while other majo
Nvidia's stock was bucking chip-sector weakness on Wednesday as it headed for its fifth session in a row of gains.
Michael Burry warned on Wednesday that current boom conditions in select stocks could leave "future ghost towns" once current shortages and pricing power fade.
NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) just posted the loudest quarter of the AI cycle.

Why Nvidia stock is soaring over 4% today

10:23am, Wednesday, 05'th Aug 2026
Nvidia stock (NVDA) rose sharply on Wednesday after Elon Musk said SpaceX would build its artificial intelligence infrastructure exclusively around Nvidia's processors. The stock climbed 4.6% to about
Shares of Advanced Micro Devices (NASDAQ:AMD | AMD Price Prediction) are down 6% to $486.60 Wednesday morning despite a record Q2 2026 report after Tuesday's close.
AI earnings kept futures climbing toward a second straight record close, but one high-profile chip stock dropped hard despite a beat-and-raise quarter, and a surprise in private payrolls is now pullin
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