Is It Time To Buy Nvidia as It Drops 3.2% On Friday?
@koolgal:
🌟🌟🌟$NVIDIA Corp(NVDA)$ lost its crown as the most valuable stock in the world to $Microsoft(MSFT)$ on Friday as its share price drops 3.2%. Is it time to buy more or sell? Nvidia's shares has dropped 6.7% in the last 2 trading sessions which erased its market capitalisation by over USD 220 billion. On Friday, Nvidia's market cap was USD 3.1 Trillion below that of Microsoft at USD 3.3 Trillion and Apple at USD 3.2 Trillion. Fundamentally nothing has changed for Nvidia. Nvidia's fiscal first quarter results beat analysts expectations. Sales grew 262% to USD 26 billion while earnings were 461% higher.&nb