AI stocks have been on a bit of a rollercoaster lately, haven’t they? After some wild swings caused by changing tariff news, we’re seeing a slight recovery. These stocks were once the stars of the show, but now it looks like they’re on a bit of a downward slide. If you’ve been following the price charts, you might have noticed this trend. Analysts are saying it’s not just the tariffs; maybe the initial buzz around AI is starting to fade, prompting a reassessment of these stocks.
Arista Networks
Back in early April 2025, Arista Networks saw its stock price take a dive, dipping below the support level we saw in August 2024. Even this week’s rally couldn’t push it past the highs from March. A key technical signal, the 50-day moving average, has dropped below the 200-day moving average, hinting at a possible trend shift. Arista’s market cap is a hefty $91.41 billion, with a price-earnings ratio of 32.56 and a very low debt-to-equity ratio of 0.01.
C3.ai
C3.ai is also showing signs of a bearish trend. Around mid-March, the 50-day moving average crossed below the 200-day moving average, indicating some downward momentum. In April 2025, prices fell below the September 2024 support level. Even with a recent uptick, it hasn’t reached the highs of March. C3.ai, included in the Russell 2000 ETF, has a market cap of $2.67 billion and a short float of 19%, which shows there’s quite a bit of interest from short sellers.
Nvidia
Nvidia’s share price recently dropped to about $87.50, breaking through the support level from August 2024. Although there was a recent rally, it couldn’t push the stock above the March highs. The 50-day moving average slipping below the 200-day average in March suggests it’s time to be cautious. Nvidia is a big name in semiconductors with a massive market cap of $2646.91 billion and offers a small 0.04% dividend. It’s listed among the Dow Jones Industrials and is part of the S&P 500 and Nasdaq 100.
ServiceNow
ServiceNow recently hit a new low, falling past its July 2024 support. The 50-day moving average dropping below the 200-day average points to a bearish outlook. ServiceNow’s market cap is $163.77 billion. Part of the S&P 500, it has a price-earnings ratio of 115 and a debt-to-equity ratio of 0.24. Interestingly, it doesn’t offer dividends.
