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With bullish forecasts comes even more bullish expectations. One small deviated parameter, all hell comes loose

24H | Nvidia Drops 7% in Overnight Trading; SMCI Falls 6%; Affirm Soars 16%

Semiconductor stocks fell in overnight trading.Nvidia fell7%; Armfell3.7%; Broadcom fell3.3%; AMD fell 3%;Micron, TSMC fell 2.7%; Qualcomm fell 1.4%. $NVIDIA Corp(NVDA)$ failed to live up to investor

24H | Nvidia Drops 7% in Overnight Trading; SMCI Falls 6%; Affirm Soars 16%

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One small deviated parameter, all hell comes loose</p></body></html>","htmlText":"<html><head></head><body><p>With bullish forecasts comes even more bullish expectations. One small deviated parameter, all hell comes loose</p></body></html>","text":"With bullish forecasts comes even more bullish expectations. One small deviated parameter, all hell comes loose","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/343533128708440","repostId":1155117288,"repostType":2,"repost":{"id":"1155117288","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1724897469,"share":"https://www.laohu8.com/m/news/1155117288?lang=&edition=full","pubTime":"2024-08-29 10:11","market":"us","language":"en","title":"24H | Nvidia Drops 7% in Overnight Trading; SMCI Falls 6%; Affirm Soars 16%","url":"https://stock-news.laohu8.com/highlight/detail?id=1155117288","media":"Tiger Newspress","summary":"Semiconductor stocks fell in overnight trading.Nvidia fell7%; Armfell3.7%; Broadcom fell3.3%; AMD fell 3%;Micron, TSMC fell 2.7%; Qualcomm fell 1.4%. $NVIDIA Corp(NVDA)$ failed to live up to investor ","content":"<html><head></head><body><p>Semiconductor stocks fell in overnight trading. Nvidia fell 7%; Arm fell 3.7%; Broadcom fell 3.3%; AMD fell 3%; Micron, TSMC fell 2.7%; Qualcomm fell 1.4%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/38bc2d4fe3e808f780a2002f2b193618\" tg-width=\"1170\" tg-height=\"1563\"/></p><p> <a href=\"https://laohu8.com/S/NVDA\">NVIDIA Corp</a> failed to live up to investor hopes with its latest results on Wednesday, delivering an underwhelming forecast and news of production snags with its much-awaited Blackwell chips.</p><p style=\"text-align: start;\">The company’s quarterly report — the most anticipated part of the tech industry’s earnings season — met or beat analysts’ estimates on nearly every measure. But Nvidia investors have grown accustomed to blowout quarters, and the latest numbers didn’t qualify.</p><p>Third-quarter revenue will be about $32.5 billion, the company said. Though analysts had predicted $31.9 billion on average, estimates ranged as high as $37.9 billion.</p><p>Shares of  <a href=\"https://laohu8.com/S/SMCI\">SUPER MICRO COMPUTER INC</a>  fell 6% in overnight trading after the computer-products company and artificial-intelligence play said it will miss the deadline to file its annual report because it needs more time to check on its accounting.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/89af7734438f6f3cdb13f989c0579296\" tg-width=\"1170\" tg-height=\"2307\"/></p><p>The announcement comes a day after short seller Hindenburg Research published a report alleging accounting red flags and undisclosed related-party transactions.</p><p> <a href=\"https://laohu8.com/S/AFRM\">Affirm Holdings, Inc.</a> shares were soaring 16% in overnight trading as the “buy now, pay later” company’s results flew past Wall Street’s expectations and management weighed in on when they expect the business to become profitable.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/174f191b3d43e3a89e1484cd8010f09d\" tg-width=\"1170\" tg-height=\"2311\"/></p><p style=\"text-align: start;\">For its fourth fiscal quarter ended in June 30, Affirm reported a loss of 14 cents per share, much narrower than the 48-cent loss Wall Street had forecast, according to FactSet. In the year-earlier quarter, it turned in a loss of 69 cents per share.</p><p>Cybersecurity firm  <a href=\"https://laohu8.com/S/CRWD\">CrowdStrike Holdings, Inc.</a>  fell 2.4% in overnight trading after company cut its revenue and profit forecasts on Wednesday in the aftermath of a July global outage due to its faulty software update, and said the environment would remain challenging for about a year.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/56288c2ae8932ce2075e6daf48b4d398\" tg-width=\"1170\" tg-height=\"2321\"/></p><p> <a href=\"https://laohu8.com/S/CRM\">Salesforce.com</a>  beat Wall Street expectations for second-quarter revenue and profit on Wednesday, benefiting from higher spending on its enterprise cloud products, sending its shares up around 5% in overnight trading.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a3bb7e8ff647889911ef86425efdb1ef\" tg-width=\"1170\" tg-height=\"2317\"/></p><p>Salesforce also said finance chief Amy Weaver will step down from the role. The company veteran, who was appointed CFO in 2021, will remain in the position until a successor is appointed.</p><h2 id=\"id_1428670322\">TOP10 gainers in overnight trading:</h2><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/12eb8adfbd8cd5385fb43e8b40114d5a\" tg-width=\"1170\" tg-height=\"2183\"/></p><h2 id=\"id_2329928591\">TOP10 decliners in overnight trading:</h2><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b4ad56b48dc4574632456e8feb1937db\" tg-width=\"1170\" tg-height=\"2199\"/></p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>24H | Nvidia Drops 7% in Overnight Trading; SMCI Falls 6%; Affirm Soars 16%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n24H | Nvidia Drops 7% in Overnight Trading; SMCI Falls 6%; Affirm Soars 16%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-08-29 10:11</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Semiconductor stocks fell in overnight trading. Nvidia fell 7%; Arm fell 3.7%; Broadcom fell 3.3%; AMD fell 3%; Micron, TSMC fell 2.7%; Qualcomm fell 1.4%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/38bc2d4fe3e808f780a2002f2b193618\" tg-width=\"1170\" tg-height=\"1563\"/></p><p> <a href=\"https://laohu8.com/S/NVDA\">NVIDIA Corp</a> failed to live up to investor hopes with its latest results on Wednesday, delivering an underwhelming forecast and news of production snags with its much-awaited Blackwell chips.</p><p style=\"text-align: start;\">The company’s quarterly report — the most anticipated part of the tech industry’s earnings season — met or beat analysts’ estimates on nearly every measure. But Nvidia investors have grown accustomed to blowout quarters, and the latest numbers didn’t qualify.</p><p>Third-quarter revenue will be about $32.5 billion, the company said. Though analysts had predicted $31.9 billion on average, estimates ranged as high as $37.9 billion.</p><p>Shares of  <a href=\"https://laohu8.com/S/SMCI\">SUPER MICRO COMPUTER INC</a>  fell 6% in overnight trading after the computer-products company and artificial-intelligence play said it will miss the deadline to file its annual report because it needs more time to check on its accounting.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/89af7734438f6f3cdb13f989c0579296\" tg-width=\"1170\" tg-height=\"2307\"/></p><p>The announcement comes a day after short seller Hindenburg Research published a report alleging accounting red flags and undisclosed related-party transactions.</p><p> <a href=\"https://laohu8.com/S/AFRM\">Affirm Holdings, Inc.</a> shares were soaring 16% in overnight trading as the “buy now, pay later” company’s results flew past Wall Street’s expectations and management weighed in on when they expect the business to become profitable.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/174f191b3d43e3a89e1484cd8010f09d\" tg-width=\"1170\" tg-height=\"2311\"/></p><p style=\"text-align: start;\">For its fourth fiscal quarter ended in June 30, Affirm reported a loss of 14 cents per share, much narrower than the 48-cent loss Wall Street had forecast, according to FactSet. In the year-earlier quarter, it turned in a loss of 69 cents per share.</p><p>Cybersecurity firm  <a href=\"https://laohu8.com/S/CRWD\">CrowdStrike Holdings, Inc.</a>  fell 2.4% in overnight trading after company cut its revenue and profit forecasts on Wednesday in the aftermath of a July global outage due to its faulty software update, and said the environment would remain challenging for about a year.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/56288c2ae8932ce2075e6daf48b4d398\" tg-width=\"1170\" tg-height=\"2321\"/></p><p> <a href=\"https://laohu8.com/S/CRM\">Salesforce.com</a>  beat Wall Street expectations for second-quarter revenue and profit on Wednesday, benefiting from higher spending on its enterprise cloud products, sending its shares up around 5% in overnight trading.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a3bb7e8ff647889911ef86425efdb1ef\" tg-width=\"1170\" tg-height=\"2317\"/></p><p>Salesforce also said finance chief Amy Weaver will step down from the role. The company veteran, who was appointed CFO in 2021, will remain in the position until a successor is appointed.</p><h2 id=\"id_1428670322\">TOP10 gainers in overnight trading:</h2><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/12eb8adfbd8cd5385fb43e8b40114d5a\" tg-width=\"1170\" tg-height=\"2183\"/></p><h2 id=\"id_2329928591\">TOP10 decliners in overnight trading:</h2><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b4ad56b48dc4574632456e8feb1937db\" tg-width=\"1170\" tg-height=\"2199\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AFRM":"Affirm Holdings, Inc.","SMCI":"超微电脑","NVDA":"英伟达"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155117288","content_text":"Semiconductor stocks fell in overnight trading. Nvidia fell 7%; Arm fell 3.7%; Broadcom fell 3.3%; AMD fell 3%; Micron, TSMC fell 2.7%; Qualcomm fell 1.4%. NVIDIA Corp failed to live up to investor hopes with its latest results on Wednesday, delivering an underwhelming forecast and news of production snags with its much-awaited Blackwell chips.The company’s quarterly report — the most anticipated part of the tech industry’s earnings season — met or beat analysts’ estimates on nearly every measure. But Nvidia investors have grown accustomed to blowout quarters, and the latest numbers didn’t qualify.Third-quarter revenue will be about $32.5 billion, the company said. Though analysts had predicted $31.9 billion on average, estimates ranged as high as $37.9 billion.Shares of  SUPER MICRO COMPUTER INC  fell 6% in overnight trading after the computer-products company and artificial-intelligence play said it will miss the deadline to file its annual report because it needs more time to check on its accounting.The announcement comes a day after short seller Hindenburg Research published a report alleging accounting red flags and undisclosed related-party transactions. Affirm Holdings, Inc. shares were soaring 16% in overnight trading as the “buy now, pay later” company’s results flew past Wall Street’s expectations and management weighed in on when they expect the business to become profitable.For its fourth fiscal quarter ended in June 30, Affirm reported a loss of 14 cents per share, much narrower than the 48-cent loss Wall Street had forecast, according to FactSet. In the year-earlier quarter, it turned in a loss of 69 cents per share.Cybersecurity firm  CrowdStrike Holdings, Inc.  fell 2.4% in overnight trading after company cut its revenue and profit forecasts on Wednesday in the aftermath of a July global outage due to its faulty software update, and said the environment would remain challenging for about a year. Salesforce.com  beat Wall Street expectations for second-quarter revenue and profit on Wednesday, benefiting from higher spending on its enterprise cloud products, sending its shares up around 5% in overnight trading.Salesforce also said finance chief Amy Weaver will step down from the role. The company veteran, who was appointed CFO in 2021, will remain in the position until a successor is appointed.TOP10 gainers in overnight trading:TOP10 decliners in overnight trading:","news_type":1},"isVote":1,"tweetType":1,"viewCount":83,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":96,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}