$NVIDIA Corp(NVDA)$ BREAKING: -To The Moon - Tiger Brokers Online Investing Community - To The Moon

$NVIDIA Corp(NVDA)$

BREAKING: Nvidia stock, $NVDA, falls over 8% despite reporting stronger than expected earnings.

The company posted EPS of $0.68, above expectations of $0.65, on revenue of $30.0 billion, above expectations of $28.9 billion.

The stock has now erased $250 BILLION in market cap over the last 5 minutes.

Will dip buyers step in here?

Nvidia, $NVDA, posted 122% of revenue growth on a year-over-year basis.

It also expects to see $32.5 billion of revenue in the current quarter, above expectations.

This was an overall solid quarter for Nvidia.

Can Nvidia Replicate Tesla's Post-Earnings Surge?

Nvidia will release earnings on November 20th. Revenue is expected to be $32.5 billion, plus or minus 2%. GAAP and non-GAAP gross margins are expected to be 74.4% and 75.0%, respectively, plus or minus 50 basis points. For the full year, gross margins are expected to be in the mid-70% range. ----------------- Is Nvidia the winner of big tech's AI rival? Will you add Nvidia before earnings? Can Nvidia beat and surge like Tesla did? Will Nvidia manage to meet the lofty expectations?

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Comments

Des79
08-29
Des79
We all know it doing well. Sept 2024 coming. Everybody is trying sell off before the Fed. Take profits first. And wait for cheap price and buy. Our Mr Gurus Warren Buffett is also doing.
JunJie2525
08-29
JunJie2525
Market is soooo irrational. I thought stronger earnings will push price up
Sonsonkok
08-29
Sonsonkok
Great article, would you like to share it?
HJlee
08-29
HJlee
Great article, would you like to share it?

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