Bitcoin and Nvidia are Losing to Restaurant Chain Stocks in 2026
BeInCrypto · Sat, 07 Nov 2026 15:31:10 GMT
Hype 34/100 · Market impact 45/100 · Breaking 60/100
Tags: BTC
Over the six months through Friday, four restaurant and snack stocks outperformed Bitcoin and Nvidia, with Cheesecake Factory up 72.86%, Wingstop 20.47%, Krispy Kreme 14.25%, and Monster Beverage 8.22%. Bitcoin ranked near the bottom, while Nvidia fell more than 12%. This week, the same selloff hit chips and crypto after Democrats won both chambers of Congress and fears of tighter rules for AI data centers drove a Nasdaq decline; Nvidia dropped 9.26% on Thursday and lost its title as the world’s most valuable company to Apple. Bitcoin’s post-election rally collapsed and it traded near $76,000. Nvidia reports quarterly earnings on November 17.
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