OKX Radar US Stocks Daily: Nvidia Ends Seven-Day Losing Streak, Marvell Earnings and Treasury Yield Outlook

OKX Radar Editorial Team

Guest Columnist

@OKXRadar

August 25, 2026

This article is about 1,400 words and takes about 5 minutes to read.

Nvidia rose about 2% on Tuesday, ending a seven-day losing streak; Marvell will report earnings on Thursday, and the market is watching whether it can boost AI trading. The 10-year Treasury yield was 4.623%, putting pressure on risk asset valuations.

AI Summary

Key Takeaways: Nvidia rose about 2% in trading on August 25, 2026, ending a seven-day losing streak; meanwhile, the options market showed an implied volatility of 5.9% ahead of its earnings report, with call option volume exceeding put option volume. "Big Short" investor Danny Moses expects Nvidia's earnings to beat expectations and raise guidance. Marvell will report its second fiscal quarter earnings on Thursday, seen by some as potentially boosting AI trading sentiment. The U.S. 10-year Treasury yield was 4.623% on Tuesday, and combined with fiscal deficit and government debt data, it has raised market concerns about risk asset valuations.

Key Points:

• Nvidia rose about 2% on Tuesday, ending a seven-day losing streak, and is up about 14% year-to-date in 2026 (Source: CNBC).
• The options market shows Nvidia's implied volatility as of the weekend was 5.9%, with call option volume exceeding put option volume (Source: CNBC).
• Danny Moses said the 10-year Treasury and Nvidia are the two most important assets in the current market and expects Nvidia's earnings to beat expectations and raise guidance (Source: CNBC).
• The U.S. 10-year Treasury yield was 4.623% on Tuesday; the July budget deficit exceeded $432 billion, the highest since March 2021; government debt surpassed $40 trillion last week (Source: CNBC).
• Marvell Technology will report its second fiscal quarter earnings on Thursday; VanEck Semiconductor ETF (SMH) has been roughly flat so far this week, and Marvell stock is also flat (Source: CNBC).

[OKX Radar · US Stocks Daily Watch] is a daily US stocks/RWA observation column produced by the independent third-party information site OKX Radar, aggregating public market information and real news sources to help readers track important changes in US stocks and the RWA tokenization market; the content is for research and observation reference only and does not constitute investment advice.

Today's Observations

Nvidia ending a seven-day losing streak does not equal a trend reversal. Nvidia rose about 2% on Tuesday, ending a seven-day losing streak. The rebound occurred ahead of the post-market earnings release on Wednesday, with the options market implying a volatility of 5.9%, indicating that the market has already priced in earnings-related volatility; call option volume exceeding put option volume suggests some traders are betting on upside after the earnings.

The views of heavyweight market figure Danny Moses are in focus. Danny Moses regards the 10-year Treasury and Nvidia as the two most important assets in the current market and expects Nvidia's earnings to beat expectations and raise guidance. If this view materializes, it could act as a catalyst for the semiconductor sector.

Marvell's earnings are a key juncture for observing the spread of the AI trade. Marvell will report its second fiscal quarter earnings on Thursday, and some believe it could inject a "shot in the arm" for the AI trade. However, based on performance so far this week, VanEck Semiconductor ETF (SMH) has been roughly flat and Marvell stock is also flat, indicating that the market remains on the sidelines ahead of the earnings.

High Treasury yields are weighing on risk asset valuations. The 10-year Treasury yield was 4.623% on Tuesday; government debt surpassed $40 trillion last week, and the July budget deficit exceeded $432 billion. If yields continue to rise, it could pressure debt financing for hyperscale cloud providers and overall risk asset valuations.

Data in One Minute

Data Point	Value/Fact	Source
Nvidia performance on Tuesday	Rose about 2%, ending a seven-day losing streak, up about 14% year-to-date in 2026	CNBC, August 25, 2026
Nvidia options implied volatility	5.9%, call option volume exceeds put option volume	CNBC
Danny Moses' view	Says the 10-year Treasury and Nvidia are the two most important assets in the current market, expects Nvidia earnings to beat expectations and raise guidance	CNBC
U.S. 10-year Treasury yield	4.623%; July budget deficit exceeded $432 billion, highest since March 2021; government debt surpassed $40 trillion last week	CNBC
Marvell earnings and performance	Reports second fiscal quarter earnings on Thursday; VanEck Semiconductor ETF (SMH) roughly flat so far this week, Marvell stock also flat	CNBC

OKX Radar's View

Nvidia's earnings may be key to near-term direction. From a factual standpoint, Nvidia ending its seven-day losing streak cannot simply be equated with a trend reversal, because a pre-earnings rebound is often a repricing of implied volatility. If Nvidia's actual earnings beat expectations and raise guidance as Danny Moses expects, AI trading sentiment could further recover; conversely, if guidance falls short, the current call-heavy positioning could amplify a pullback.

Whether Marvell can validate AI demand for non-Nvidia chipmakers is crucial. Marvell's earnings are also a key juncture for observing the spread of the AI trade — if its results can validate AI demand for non-Nvidia chipmakers, the semiconductor sector may attract new capital inflows; if the data is lackluster, market focus may shift back to how Treasury yields are pressuring valuations.

Pressure from Treasury yields and fiscal expansion may outweigh short-term sentiment improvement. The 10-year Treasury yield at 4.623% is in a high range, and combined with fiscal deficits and expanding government debt, the pressure on risk asset valuations may be greater than any short-term improvement in sentiment.

Crypto assets may be affected by fluctuations in risk appetite. For OKX traders, the timing of US tech stock earnings often coincides with global risk appetite fluctuations. If risk aversion rises, crypto assets may also experience short-term volatility. This article does not provide a definitive direction, but suggests paying attention to volatility around Nvidia's and Marvell's earnings releases and whether Treasury yields move higher.

Frequently Asked Questions

Q: Did Nvidia actually end its seven-day losing streak? A: Yes, Nvidia rose about 2% on Tuesday, ending a seven-day losing streak, and is up about 14% year-to-date in 2026 (Source: CNBC).

Q: When will Marvell report earnings, and how might it affect the AI trade? A: Marvell will report its second fiscal quarter earnings on Thursday, and some believe it could inject a "shot in the arm" for the AI trade; however, Marvell stock has been roughly flat so far this week, and the market remains on the sidelines.

Q: Is a rising 10-year Treasury yield bearish or bullish for cryptocurrencies? A: This article does not provide direct historical data on the relationship between cryptocurrencies and Treasury yields. However, the 10-year Treasury yield was 4.623% on Tuesday, and investors are concerned that its rise could affect debt financing for hyperscale cloud providers; if risk asset valuations come under pressure, crypto assets may move in tandem, and this should be assessed with real-market data.

Q: How do US tech stock movements affect crypto assets on OKX? A: This article does not contain specific data on OKX platform crypto assets; however, the timing of US tech stock earnings may affect global risk appetite. OKX traders are advised to monitor volatility, and this does not constitute directional guidance.

Q: What is the time frame for the data in this article? A: The data comes from CNBC reports dated August 25, 2026, labeled as of the time of writing, and may be slightly delayed.

About OKX Radar

OKX Radar is an independent third-party information site providing OKX announcement interpretations, listing updates, tutorials, fee research, and scenario-based platform comparisons. This article is part of the US Stocks/RWA Daily Watch column and is for informational and research reference only, not investment advice.

Risk Disclaimer: Macroeconomic and US stock market conditions are highly volatile. This content is for OKX Radar research observation reference only and does not constitute investment advice.