Following the US midterm elections this week, shares of Nvidia–the world’s No. 2 most valuable company by market cap behind Apple–slid downhill in a big way. In fact, more than $1 trillion has been wiped out from Nvidia’s market cap since its peak in October. <\/p>\n
Nvidia stock rebounded today, November 6, following the huge selloff on November 5 that also affected numerous other AI and technology stocks. However, Nvidia is still lagging behind Krispy Kreme in terms of growth in 2026. <\/p>\n
Krispy Kreme’s stock exploded this week.<\/p>\n
That’s right, shares of Krispy Kreme stock–$DNUT–are up about 3% in 2026, compared to negative returns for Nvidia this year. If you invested $1,000 into both $DNUT and $NVDA this year, you’d be making money on donuts and losing money on AI. <\/p>\n
Krispy Kreme’s stock price exploded on November 5 after a solid earnings report, but has moderated since. In any event, Krispy Kreme is beating Nvidia so far in 2026 based on the percent gain for its stock price. <\/p>\n
To be sure, Nvidia and Krispy Kreme are not competitors in the market and their stock prices are not comparable except for the purpose of some laughs.<\/p>\n