BlackRock, Goldman Back Nvidia: So Why Isn’t the Stock Moving?

Nvidia (NVDA) has announced a strategic partnership with six of the biggest names in Wall Street: Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR. According to an official press release, the partnership aims to mobilize more than $500 billion of third-party capital for building AI infrastructure. According to BlackRock CEO Larry Fink, “This partnership deepens our relationship with NVIDIA, including through the AI Infrastructure Partnership, and brings together NVIDIA’s leadership in accelerated computing with BlackRock’s ability to connect long-term capital to essential infrastructure.“

While the move is quite bullish, Nvidia’s stock price has remained rather flat. Let’s discuss why.

Nvidia Stock Price Remains Flat Despite BlackRock, Goldman Sachs Backing

While the partnership with the six Wall Street firms is quite bullish, Nvidia’s (NVDA) stock price closed 2.86% (6.41 points) lower on Monday, August 10, 2026. NVDA has seen some price action in the pre-market hours, gaining 0.95% (2.06 points). The stock has more or less remained rather flat.

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