Nvidia's earnings fail to allay AI concerns, US stocks open lower

MarsBitNews · 2026-02-27T01:25:56+00:00

The U.S. stock market opened lower, despite Nvidia's earnings beating expectations, investors remain concerned about AI risks and the sustainability of tech company profits. Nvidia's stock price dropped over 3%, while memory storage stocks like SanDisk rose 2%. Analysts recommend investors adjust their asset allocations.

MarsBitNews

2026-02-27 01:25:56

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Mars Finance reports that according to Gate Market Data, the U.S. stock market opened lower. Although Nvidia’s earnings exceeded expectations, it did not alleviate investors’ concerns about the disruptive risks brought by artificial intelligence and the sustainability of large tech companies’ profit growth. Nvidia, the largest weighted stock in the S&P 500, fell over 3%. Craig Johnson, Chief Market Technician at Piper Sandler, stated that investors must actively adjust their asset allocations to keep up with the constantly changing market sector trends. Meanwhile, as Nvidia increased its supply commitments, memory and storage stocks rose, with SanDisk’s stock price up 2%.

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