Geopolitics Alpha

Tech stocks rally as Nvidia stock and oil prices fall: AlphaCheck

Published . Updated .

Key takeaways

  • Tech rallied as Nvidia shares dropped on Monday.
  • Exposed: USO, XLE, SMH, XOM, CVX
  • Market reaction: USO −3.9% on the day; XLE +0.6% on the day; SMH +5.1% on the day

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Tech stocks rally as Nvidia stock and oil prices fall: AlphaCheck

Tech rallied as Nvidia shares dropped on Monday.

Directly affected

  • NVDA Nvidia-8.4% 30d

    Named in this report.

Indirectly affected

  • USO United States Oil Fund-1.1% 30d

    United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story.

  • XLE Energy Select Sector SPDR+6.9% 30d

    Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story.

  • SMH VanEck Semiconductor ETF-16.4% 30d

    VanEck Semiconductor ETF: it holds chipmakers. Linked by “nvidia” (semiconductors) in this story.

  • XOM ExxonMobil Holdings-2.7% 17d

    ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

  • CVX Chevron+3.0% 30d

    Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

  • COP ConocoPhillips+5.4% 19d

    ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

  • SHEL Shell+2.7% 10d

    Shell (crude petroleum and natural gas): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story.

  • ASML ASML Holding N.V-9.0% 12d

    ASML Holding N.V (special industry machinery): chip demand, export rules and supply drive chipmakers' shares. Linked by “nvidia” (semiconductors) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
NVDA+8.30%+7.21%base-4.60%after closeafter closeafter close
USO+5.62%-2.06%base-3.90%after closeafter closeafter close
XLE+9.12%+3.08%base+0.56%after closeafter closeafter close
SMH+9.57%+8.79%base+5.09%after closeafter closeafter close
XOM+8.37%+2.16%base-0.67%after closeafter closeafter close
CVX+7.15%+2.05%base-1.18%after closeafter closeafter close
COP+7.74%+0.44%base-1.29%after closeafter closeafter close
SHEL+5.91%+2.77%base-0.22%after closeafter closeafter close
ASML+7.09%+5.03%base+6.21%after closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Tech stocks rally as Nvidia stock and oil prices fall: AlphaCheck Yahoo Finance

Source: Yahoo Finance

United States Oil Fund (USO) since this story, compared with the market

CompanyWhenMoveStatus
ASMLthat day+6.21%final price
ASMLthree days earlier+5.03%final price
ASMLfive days earlier+7.09%final price
Conocophillips (COP)that day-1.29%final price
Conocophillips (COP)three days earlier+0.44%final price
Conocophillips (COP)five days earlier+7.74%final price
Chevron (CVX)that day-1.18%final price
Chevron (CVX)three days earlier+2.05%final price
Chevron (CVX)five days earlier+7.15%final price
Nvidia (NVDA)that day-4.60%final price
Nvidia (NVDA)three days earlier+7.21%final price
Nvidia (NVDA)five days earlier+8.30%final price
Shell (SHEL)that day-0.22%final price
Shell (SHEL)three days earlier+2.77%final price
Shell (SHEL)five days earlier+5.91%final price
Vaneck Etf Trust (SMH)that day+5.09%final price
Vaneck Etf Trust (SMH)three days earlier+8.79%final price
Vaneck Etf Trust (SMH)five days earlier+9.57%final price
United States Oil Fund (USO)that day-3.90%final price
United States Oil Fund (USO)three days earlier-2.06%final price
United States Oil Fund (USO)five days earlier+5.62%final price
Select Sector Spdr Tr (XLE)that day+0.56%final price
Select Sector Spdr Tr (XLE)three days earlier+3.08%final price
Select Sector Spdr Tr (XLE)five days earlier+9.12%final price
ExxonMobil Holdings (XOM)that day-0.67%final price
ExxonMobil Holdings (XOM)three days earlier+2.16%final price
ExxonMobil Holdings (XOM)five days earlier+8.37%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Companies in energy around United States Oil Fund (USO)

Companies that tend to gain

  • XOM ExxonMobil Holdings

    ExxonMobil Holdings (XOM) tends to benefit, medium confidence in the 9 Nov 2026 story “Tech stocks rally as Nvidia stock and oil prices fall: AlphaCheck.” Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

  • CVX Chevron

    In “Tech stocks rally as Nvidia stock and oil prices fall: AlphaCheck,” Chevron (CVX) tends to benefit, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

No up or down call on file

  • USO United States Oil Fund

    In “Tech stocks rally as Nvidia stock and oil prices fall: AlphaCheck,” United States Oil Fund (USO) is linked, with no stored direction, medium confidence. Reason on file: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story

  • XLE Select Sector Spdr Tr

    Select Sector Spdr Tr (XLE) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “Tech stocks rally as Nvidia stock and oil prices fall: AlphaCheck.” Reason on file: Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story

  • SMH Vaneck Etf Trust

    In “Tech stocks rally as Nvidia stock and oil prices fall: AlphaCheck,” Vaneck Etf Trust (SMH) is linked, with no stored direction, medium confidence. Reason on file: VanEck Semiconductor ETF: it holds chipmakers. Linked by “nvidia” (semiconductors) in this story

  • COP Conocophillips

    Conocophillips (COP) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “Tech stocks rally as Nvidia stock and oil prices fall: AlphaCheck.” Reason on file: ConocoPhillips (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “oil” (oil) in this story

How energy news reaches United States Oil Fund (USO)

The 9 Nov 2026 story “Tech stocks rally as Nvidia stock and oil prices fall: AlphaCheck” names United States Oil Fund (USO) because of Energy.

What ties United States Oil Fund (USO) to the headline is this: United States Oil Fund: its price follows crude oil. Linked by “oil” (oil) in this story

Also listed, Select Sector Spdr Tr (XLE): Energy Select Sector SPDR: its price follows crude oil. Linked by “oil” (oil) in this story

What this energy story puts on the calendar

SMH traded between 506.51 and 639.33 across 20 sessions. The latest close on file is 508.07. USO traded between 143.02 and 171.80 across 20 sessions. The latest close on file is 148.41. XLE traded between 63.05 and 70.15 across 20 sessions. The latest close on file is 66.70.

What the saved facts support for United States Oil Fund (USO)

46 out of 100

“Tech stocks rally as Nvidia stock and oil prices fall: AlphaCheck” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.