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What Nvidia's sell-off is saying about the broader market

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Nvidia Notizia

Rob Haworth,Quarter Earnings Report,Analyst Expectations

Nvidia (NVDA) posted its second quarter earnings report after the closing bell on Wednesday. The chip giant beat analyst expectations on both the top and...

US Bank Wealth Management senior investment strategist Rob Haworth joins Market Domination to break down Nvidia's earnings and what investors are looking for moving forward.

Well, I think in the response, what we saw is, is investors were somewhat disappointed with the beat, right?Uh It's still fairly good news for the future there.And I think the challenge is we may be moving kind of past that peak acceleration in artificial intelligence spending.And that's maybe some of the concern we're seeing here that it it just uh expectations won't be able to keep up with where the market is priced.

Yeah, I'm not sure it's a sea change because I think for us, we're still constructive on this face as we look out over the next couple of years. Because as you pointed out just a minute ago, uh really attention is going to start to turn to the jobs report and the Fed and what is the Fed doing?Great Britain’s Jodie Grinham returned to the Paralympic stage Thursday for the first time since Rio 2016, this time seven months pregnant. Grinham wrapped up her first competition this morning in the women’s individual compound open. Later in the evening she and Nathan MacQueen placed second in the mixed team compound open ranking round.

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