🗞️ # 📈 Nvidia's 7-Day Slide & AI Focus Dominate Tuesday's Trading Hour ## Pulse Active — Nvidia's extended losing streak and intensifying AI competition are overshadowing other market developments, hinting at a potential tech sector pullback. ## What's new 1. **Nvidia Extends Losing Streak Amidst AI Scrutiny**: NVDA is down for a seventh consecutive day, its longest slump since late 2022, as investors grow concerned about the sustainability of AI spending and potential price hikes on its server systems. This sustained pressure on a key AI bellwether signals broader investor caution in the tech sector. [247wallst, Google] 2. **Canada Prepares Retaliatory Tariffs on US Goods**: Canada is expected to announce retaliatory tariffs on Tuesday in response to recent U.S. tariffs, escalating trade tensions. This tit-for-tat measure could disrupt cross-border commerce and introduce further uncertainty into the market. [FOX8 WGHP, CNBC] 3. **Google Cloud Deepens AI & Blockchain Integration**: Google Cloud is partnering with SQD to enhance its blockchain analytics offering by bringing SQD's validated data to BigQuery, while also launching Gemini Enterprise for Legal. These moves underscore the continued enterprise push for specialized AI and data solutions. [PR Newswire, Techmeme] 4. **Merck Loses Legal Challenge to Drug Price Negotiation Program**: A federal court fully denied Merck's challenge to the Inflation Reduction Act's drug price negotiation program, a significant win for the Biden administration's healthcare cost reduction efforts. This ruling could impact pharmaceutical pricing strategies and future legislative challenges. [Google] ## Tape US equity futures are higher pre-bell as tech stocks show a bounce back from a recent selloff [Yahoo Finance]. Major indices are yet to open, but pre-market trading suggests a cautious optimism, with a focus on tech's ability to rebound from recent weakness. Standout movers include NVDA continuing its downward trend and PLTR showing strength as a "Zacks Bull of the Day" due to its AI growth. --- *For information, not investment advice. More real-time market insights at [www.fortivio.ai](https://www.fortivio.ai).*