In a stunning turn of events, the Nasdaq Composite has completely cratered and is now down over 13% since Feb. 18 (as of this writing). The culprit has been a combination of U.S. President Donald Trump's tariffs and weak economic data that could be pointing to a recession, or perhaps stagflation.

Nvidia stock was hammered big time during the Nasdaq sell-off of 2022. Here's what Nvidia's growth and valuation may mean for what's happening now.

The Nasdaq Composite has dropped roughly 13% in less than a month (as of this writing). However, after The Trade Desk reported earnings in February that didn't meet its own expectations for the first time in 33 straight quarters,