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

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 56 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 43%
  • Publisher: 63%

Nvidia News

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nvidia to report Q2 earnings Wednesday in major test for AI tradeAI giant Nvidia will report its Q2 earnings after the bell on Wednesday.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Nvidia stock falls more than 6%, reversing Wednesday’s rally as chip stocks lead market lowerChip stocks led a tech-fueled sell-off.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Nvidia stock falls more than 5%, reversing Wednesday’s rally as chip stocks lead market lowerChip stocks led a tech-fueled sell-off.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Nvidia earnings: How a credit analyst views the resultsNvidia (NVDA) reported its second quarter earnings after the closing bell on Wednesday, beating expectations on the top and bottom line but still seemed to...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »