A Dangerous Trend Hits Big-Name Tech Stocks

By Ethan Goldman, junior analyst, Chaikin AnalyticsThe largest company on the stock market is set to report its full-year earnings later this month…

Of course, I’m talking about chipmaker Nvidia (NVDA). And its stock has been under pressure recently…

NVDA shares are down about 12% over the past three months. The company’s third-quarter “off the charts” revenue hasn’t been enough to save the stock.

And now, a trend with big, AI-related stocks suggests that could happen again – or worse.

And given the recent performance of some other big names in the field, we can get an idea of what could happen to Nvidia’s stock…

Recommended Links:

‘Tech Stock’ Potential With ‘Treasury Bond’ Risk

Top experts call this both a “port in the storm” and their No. 1 recommendation of 2026. It’s a group of opportunities that could DOUBLE in the next year – with a risk profile like buying Treasurys (some think even better). It’s only possible because of a rare anomaly that could disappear within weeks. Today, our corporate affiliate Altimetry is breaking the story. Get the details here while there’s still time.

FOR SALE: Massive Public Land Auction

The U.S. government is selling off the rights to millions of acres of public land – land that legally belongs to you as an American. The deadline for this auction to start is March 31… And some of America’s richest billionaires are lining up to grab a stake. Right now, very few regular Americans know how to claim their share of the profits. But our corporate affiliate Stansberry Research wants to change that, which is why it launched a massive investigation. When you find out what they’re doing, you’ll be shocked – and you need to move on this before March 31. Click here for the details.

A Big Swing After Blowout Earnings for a Fellow Tech Titan

One of the biggest players in the AI space right now is Google parent company Alphabet (GOOGL)…

On Wednesday after the market close, Alphabet reported fourth-quarter and full-year earnings. And the company saw incredible growth in multiple categories during 2025…

Total revenue for 2025 grew 15% year over year to more than $400 billion.

In the fourth quarter alone, revenues at Alphabet’s Google Cloud segment grew 48% year over year. And the company’s “Google Search and other” business category saw year-over-year revenue growth of 17%.

This drove Alphabet’s first year with more than $400 billion in revenue. Naturally, CEO Sundar Pichai attributed this performance to the company’s AI progress.

Alphabet also said that it anticipates up to $185 billion in capital expenditures in 2026. These investments would mostly support Google’s AI projects.

That’s an eye-popping figure…

Heck, aside from the U.S. and China, that amount is more than any other country in the world spent on its entire military in 2024.

In short, Alphabet is “all in” on spending in order to keep a lead in the AI race. Meanwhile, the growing revenue should have been a positive sign…

But shareholders didn’t take to the idea right away. Before the markets even opened the next day, Alphabet’s stock collapsed by about 4% during premarket trading. The stock ended up with a loss of less than 1% yesterday.

As I said, we also saw large moves in the wake of earnings from other big names in the AI space…

Two More Dramatic Swings

“AI darling” Palantir Technologies (PLTR) struggled with this trend as well…

On Monday, the company reported massive revenue growth of 70% year over year for the fourth quarter.

Initially, the stock surged. PLTR shares jumped about 7% the day after the earnings release. But the next day, the same shares gave that entire gain back… and then some.

On Wednesday, Palantir collapsed by about 12%. By now, the stock is down about 31% over the past three months.

As regular readers will recall, my colleague Vic Lederman shared the Power Gauge’s warning on Palantir more than a week before the company’s earnings report.

Advanced Micro Devices (AMD) – one of Nvidia’s major competitors in the semiconductor industry – saw a huge loss in the wake of recent earnings as well…

On Tuesday, AMD reported a 34% year-over-year jump in revenue for 2025. And the stock fell by roughly 17% the next day.

Over the past three months, AMD is now down by about 25%.
 

The Power Gauge Flashes Some Warnings for Nvidia

To make matters worse for Nvidia, the “smart money” on Wall Street has been on the run from the stock since early January. And the stock had already started to underperform the broad market in late November.

The Power Gauge picked up on this. And our system has also flashed four separate sell alerts for the stock over the past three months.

Take a look…Today, Nvidia earns a “neutral+” rating in the Power Gauge. This happens when a “bullish” or better stock is trading below its long-term trend line.

To be clear, I’m not saying to dump shares of Nvidia before the company reports earnings. And keep in mind that if the share price spikes, it could send Nvidia back into outright “bullish” territory.

But right now, the Power Gauge is picking up on some warning signs for the stock.

And based on what we’ve already seen from other big names in the AI space, don’t be surprised to see big volatility after Nvidia reports earnings later this month.

Good investing,

Ethan Goldman

Market View

Major Indexes and Notable Sectors  # HLD:    BULLISH    NEUTRAL    BEARISHDow 30

-1.18%819 3S&P 500

-1.25%119282 98Nasdaq

-1.44%2651 28Small Caps

-1.8%607945 335Bonds

+1.09%

— According to the Chaikin Power Bar, Small Cap stocks and Large Cap stocks are somewhat Bullish. Major indexes are mixed.*  *  *  *

Sector Tracker

Sector movement over the last 5 daysConsumer Staples+5.83%Energy+3.37%Industrials+1.51%Materials+1.0%Health Care+0.66%Real Estate-0.34%Financial-0.49%Utilities-0.53%Communication-2.99%Consumer Discretionary-3.04%Information Technology-7.65%*  *  *  *

Industry Focus

Oil & Gas Equipment Services2190

Over the past 6 months, the Oil & Gas Equipment Services subsector (XES) has outperformed the S&P 500 by +42.21%. Its Power Bar ratio, which measures future potential, is Very Strong, with more Bullish than Bearish stocks. It is currently ranked #2 of 21 subsectors.Top StocksHLXHelix Energy SolutioHALHalliburton CompanyXPROExpro Group Holdings*  *  *  *

Top Movers

GainersMCK+16.52%CPAY+11.56%TPR+10.21%CAH+9.83%HSY+9.03%LosersEL-19.19%COIN-13.34%ARES-11.19%CMI-10.73%IQV-10.65%*  *  *  *

Earnings Report

Earnings SurprisesEQR 
Equity Residential Q4 $0.28 Missed by $-0.10HSY 
The Hershey Company Q4 $1.71 Beat by $0.31TPR 
Tapestry, Inc. Q2 $2.69 Beat by $0.46XPO 
XPO, Inc. Q4 $0.88 Beat by $0.12CMI 
Cummins Inc. Q4 $5.81 Beat by $0.73*  *  *  *

You have received this e-mail as part of your subscription to PowerFeed. If you no longer want to receive e-mails from PowerFeed, click here.

You’re receiving this e-mail at pahovis@aol.com.

For questions about your account or to speak with customer service, call +1 (877) 697-6783 (U.S.), 9 a.m. – 5 p.m. Eastern time or e-mail info@chaikinanalytics.com. Please note: The law prohibits us from giving personalized financial advice.

© 2026 Chaikin Analytics, LLC. All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited without written permission from Chaikin Analytics, LLC. 201 King Of Prussia Rd., Suite 650, Radnor, PA 19087. www.chaikinanalytics.com.

Any brokers mentioned constitute a partial list of available brokers and is for your information only. Chaikin Analytics, LLC, does not recommend or endorse any brokers, dealers, or investment advisors.

Chaikin Analytics forbids its writers from having a financial interest in any security they recommend to our subscribers. All employees of Chaikin Analytics, LLC (and affiliated companies) must wait 24 hours after an investment recommendation is published online – or 72 hours after a direct mail publication is sent – before acting on that recommendation.

This work is based on SEC filings, current events, interviews, corporate press releases, and what we’ve learned as financial journalists. It may contain errors, and you shouldn’t make any investment decision based solely on what you read here. It’s your money and your responsibility.