Nvidia Gets Knocked Off the A-List!

Bank of America removed Nvidia from its top stock picks, and Wells Fargo cut its NVDA target.

Author

Danielle du Toit
November 11, 2026

Here's what we've got for you today:

  • Nvidia Stock: BofA Drops NVDA From Top Picks as Wells Fargo Cuts Price Target to $300

  • Bitcoin Price Drops as BlackRock Leads Another $95 Million ETF Exodus

  • Trump Media Reports $410 Million Profit on Just $3 Million Revenue as Bitcoin Treasury Hits 15,649 BTC

  • CoreWeave Stock Jumps After Strong Q3 Earnings and Higher Revenue Forecast

📉 Nvidia Stock: BofA Drops NVDA From Top Picks as Wells Fargo Cuts Price Target to $300

Nvidia is facing fresh pressure from Wall Street after Bank of America removed NVDA from its top stock picks and Wells Fargo cut its price target from $315 to $300. Despite this, both banks are still bullish on the chipmaker's long-term prospects.

🔴 Bitcoin Price Drops as BlackRock Leads Another $95 Million ETF Exodus

US spot Bitcoin ETFs recorded approximately $95 million in net outflows on Nov. 10. BlackRock's IBIT led the losses with $78.2 million in outflows

💰️ Trump Media Reports $410 Million Profit on Just $3 Million Revenue as Bitcoin Treasury Hits 15,649 BTC

Trump Media reported a $409.7 million profit in Q3 2026 despite generating just $3 million in revenue, thanks to $496.1 million in crypto and investment gains. However, its adjusted EBITDA remained negative.

🟢 CoreWeave Stock Jumps After Strong Q3 Earnings and Higher Revenue Forecast

CoreWeave shares surged approximately 13% in pre-market trading after the Nvidia-backed company reported a 168% jump in quarterly revenue to $3.66 billion, beating Wall Street expectations. However, its net loss widened to $709 million.

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