Largecap News Today — November 13, 2026
Nvidia on track for longest weekly losing streak since 2012 as market value sinks by $1.6 trillion and more — today's largecap signal.
The technology sector is dominating the headlines today, with Nvidia's struggles and Cerebras' successes grabbing attention. Nvidia is on track for its longest weekly losing streak since 2012, with its market value plummeting by $1.6 trillion, and some analysts believe the stock selloff may be far from over, even after shedding 30% from its peak. This downturn has significant implications, with some commentators arguing that the scandal at Nvidia is emblematic of broader issues with the S&P 500. In contrast, Cerebras is surging after beating quarterly revenue expectations and announcing a major deal with Microsoft, which has sent its stock up 13%.
However, the technology sector is not the only area of concern, as the housing market is also showing signs of distress. Home sales have plummeted to their lowest level since the Great Recession, despite prices hitting an all-time high. This mismatch between sales and prices suggests that the housing market may be due for a correction. Meanwhile, in a separate development, Disney has announced a multiyear film deal that will bring its Star Wars franchise to Cosm domes ahead of the 50th anniversary, providing a welcome distraction from the market turmoil. As largecap investors navigate these complex and interconnected trends, it is essential to stay informed about the latest developments and their potential impact on the market.
Today's signal:
• Nvidia on track for longest weekly losing streak since 2012 as market value sinks by $1.6 trillion (cnbc.com)
• Cerebras surges 13% after beating on quarterly revenue and announcing Microsoft deal (cnbc.com)
• Nvidia’s stock selloff may be just beginning, even after shedding 30% from its peak (marketwatch.com)
• The scandal at Nvidia is exactly what’s wrong with the S&P 500 (marketwatch.com)
• Home sales plummet to lowest level since ‘Great Recession’ as prices hit all-time high (marketwatch.com)
• Disney's 'Star Wars' is coming to Cosm domes ahead of 50th anniversary as part of multiyear film deal (cnbc.com)