In this article, we will look at the 10 most buzzing stocks to buy now. If you want to explore similar stocks that have been ‘buzzing’ lately, you can also take a look at 5 Most Buzzing Stocks to Buy Now. Wall Street Giants Slash S&P 500 Forecasts On September 6, Morgan Stanley revealed its […]

Nvidia (NASDAQ: NVDA) has been a top performer on the stock market over the years, with shares of the graphics card specialist rising more than 3,600% over the past decade. The broader market correction has sent shares of Nvidia packing, with the tech giant losing more than 60% of its value since December 2021. The sell-off has brought Nvidia’s market capitalization down to just over $300 billion from more than $800 billion in December last year.

The No. 2 Democrat in the U.S. House of Representatives declined to say if he would hold a vote on a bill restricting members of Congress and other government officials from trading in stocks, saying lawmakers needed more time to think about it. The bill had been listed by House Majority Leader Steny Hoyer’s office late last week as possibly coming up for a vote this week, just before the House of Representatives begins a six-week recess to allow members to campaign for re-election on Nov. 8. With the legislation being unveiled just this week, Hoyer told reporters that rank-and-file members still had to review the details of the bill.

While the U.S. has hit many of the benchmarks that signify an economic downturn, other metrics have defied the trend, leading many to debate whether the economy is actually in a recession. A key economic indicator released early Thursday seemed to tip the scales toward those arguing that it is in a recession. To be clear, there was very little in the way of company-specific news driving these technology stocks lower.

Susquehana analyst Christopher Rolland lowered price targets for Nvidia, AMD, and Intel stock. “PC-market weakness may be extending beyond consumer and into enterprise,” he wrote.