Published on March 5, 2026
ST News recently published a market update titled “Stock Price of NVIDIA: Live NVDA Updates & Market Trends,” providing a broad overview of NVIDIA’s recent price action, analyst commentary, and upcoming catalysts.
It included Brian Shannon’s technical perspective on NVIDIA and the broader “Magnificent 7,” highlighting his view that the group may be entering a period of consolidation as capital begins rotating into other sectors of the market.
As of February 23, 2026, the article noted NVIDIA trading near $191, with modest intraday movement during a broader pullback in the technology sector. The report referenced ongoing volatility tied to tariff headlines, AI infrastructure spending, and positioning ahead of NVIDIA’s earnings and upcoming GTC conference.
The piece included commentary from multiple analysts and strategists with varying outlooks. Several firms maintained bullish price targets, citing demand for AI infrastructure, GPU systems, and long-term growth potential. Price targets referenced in the article ranged well above current levels, reflecting continued optimism around the AI theme.
The article also summarized a more cautious technical perspective from Brian Shannon.
According to the ST News coverage, Brian described NVIDIA and other large-cap technology names as potentially “dead money” in the current environment. In context, that refers to stocks that may continue trading within a range but are not exhibiting the sustained upside momentum seen in prior phases of the cycle.
The report highlighted Brian’s view that capital rotation may be favoring other sectors, particularly energy and utilities, rather than remaining concentrated in mega-cap technology.
The broader article presented both sides of the discussion:
• Bullish analysts pointing to earnings, product announcements, and AI infrastructure spending as catalysts
• Technical caution around consolidation, volatility, and sector rotation
Upcoming earnings and NVIDIA’s March GTC keynote were cited as potential drivers for the next significant move in the stock.
For traders who follow Brian’s work regularly, the themes are consistent. Market leadership changes. Consolidation can precede either continuation or transition. Risk management matters more than predictions.
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