Nvidia Sinks: Earnings Apprehension Or AI Trade Unwind? Is Nvidia A Buy Now?

Nvidia (NVDA) stock on Monday is veering toward a seventh consecutive loss, remaining under pressure before the chipmaker releases its second-quarter earnings report this week. The recent IBD Stock Of The Day has struggled over the past week after forming a clear base and hitting an early entry point amid earnings reports from key AI-related companies such as Advanced Micro…