---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000876303.md"
description: "Well the single day ~+7% was unfortunately not able to hold up too well as Nvidia slumps back 4% on the possibility of 2 reasons:1. Profit taking activity by high frequency traders. I believe majority of the people would not have predicted such an optimistic jump in share price after earnings - most were expecting probably about 2 to 5% change. Hence the profitting opportunity came following a surge in temporary hype and optimism.2. Warsh's Jackson Hole key statement: the closest him and his team has came to a decision for rate hikes if they are not confident that underlying inflation would return to their 2% target. This saw a pullback for most stocks, especially those in the tech sector as investors are once again reminded to be cautious of the macroeconomic conditions."
datetime: "2026-08-28T23:24:25.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000876303.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000876303.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000876303.md)
author: "[NewUser_CkrdqW ](https://longbridge.com/en/profiles/16451694.md)"
generator: "portal-rs"
---

# Well the single day ~+7% was unfortunately not abl…


### Related Stocks

- [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md)
- [.NDX.US](https://longbridge.com/en/quote/.NDX.US.md)
- [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md)
- [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**