By Khadija Saeed
Publication Date: 2026-01-19 14:43:00
New York, Jan 19, 2026, 09:32 ET — Market closed.
- Nvidia’s shares listed in Europe dropped amid renewed tariff concerns weighing on U.S. tech stocks
- Wolfe Research singled out Nvidia as its leading AI stock for 2026, highlighting a more defined product ramp
- Traders are eyeing chip demand news tied to China as markets prepare to reopen Tuesday
Nvidia shares in Frankfurt dropped 2.2% on Monday, dragged down by slumping U.S. tech stocks in Europe after President Donald Trump signaled fresh tariff threats against European nations. Nasdaq 100 futures slid 1.25%. (Reuters)
U.S. stock and options markets remain closed for Martin Luther King Jr. Day, pushing investors to look at futures and overseas trading for clues on chip stock demand. Nvidia’s price action is especially important, serving as a high-beta proxy for AI investment and overall risk appetite. (NASDAQ Trader)
On Friday’s final regular U.S. session, Nvidia slipped 0.5% to close at $186.23. The stock has been stuck near this range for months, with traders reacting more to small news bits than major shifts.
Wolfe Research offered a rare piece of good news, putting Nvidia on its coveted “Alpha List” and naming it the top AI pick for 2026. Analyst Chris Caso noted that “NVDA is up ‘only’ 36% over the past year,” trailing behind several AI-related competitors. (Investing)
Caso attributed the slowdown to “the late launch of Blackwell,” lingering doubts over AI…
