Nvidia posts longest losing streak in nearly five years

Nvidia has had a rough week, and Wall Street is paying attention. The chipmaker’s stock fell for four consecutive sessions from August 17 through August 20, 2026, marking its longest losing streak in nearly five years and rattling investors who had grown accustomed to the company doing very little wrong. The selloff shaved roughly $10 off the share price across the stretch, with closing prices falling from around $225.01 on August 17 to $216.85 by August 20. The stock settled near $214.72 the following session. For a company sitting at a market cap north of $4.86 trillion, that kind of move represents hundreds of billions in paper losses within a matter of days. What’s driving the pullback The decline isn’t happening in a vacuum. Rising Treasury yields have been applying pressure across high-valuation tech stocks, and Nvidia sits at the very top of that category. There’s also a timing element at play. Nvidia’s Q2 earnings report is scheduled for August 26, and history suggests traders tend to get cautious ahead of the announcement. The company has a track record of seeing share prices dip in the immediate aftermath of earnings releases, even when the underlying numbers impress. Non...