Samlunch
08-29
$NVIDIA Corp(NVDA)$  


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.


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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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