HISTORY SAYS NVIDIA STOCK DOES THIS IN NOVEMBER . HERE THE 1 THING THAT COULD BREAK THE PATTERN .

What happened: A report notes Nvidia ($NVDA) shares have a history of November gains but says hyperscaler cloud growth is the one factor that could break the pattern. Four of the top five hyperscalers report third-quarter results in the next two weeks. Key numbers: Five-year share gain of 899% as of Oct. 15. Why it matters: The article says slower cloud growth would give hyperscalers less reason to keep expanding capex at the current pace, and any cuts to forecast capex would negatively impact Nvidia's data center business and could pressure the shares.

Nvidia November seasonal pattern cited with one potential disruptor.

Nvidia November seasonal pattern cited with one potential disruptor. — impact context not separately stored; see What changed.