Tech Stocks Decline Amid Valuation Concerns; Nvidia Falls After SoftBank Divestment

U.S. stock markets presented a mixed picture on Tuesday, November 11, 2025. The Dow Jones Industrial Average edged up 0.16%, supported by gains in companies like McDonald's and Goldman Sachs. In contrast, the S&P 500 and Nasdaq Composite declined by 0.19% and 0.45%, respectively, as investor concerns resurfaced over high valuations in the technology and AI sectors.

Nvidia's stock fell 2.3% following news that Japan's SoftBank had sold its remaining shares in the AI chipmaker. CoreWeave, another AI-related company, saw its shares drop 10.8% after lowering its revenue forecast.

Despite these declines, optimism remains as the U.S. Senate approved a bill to end the government shutdown, with market expectations pointing to a reopening this week.

In other market movements, Paramount Skydance gained 8.7% following cost-cutting plans and streaming investments, Rocket Lab rose 4.7% on record revenue, and Occidental Petroleum gained 3.6% after beating profit estimates.

Overall, market breadth was positive, with more advancing than declining stocks, although the Nasdaq recorded more new lows than highs.