Don’t Blame Crypto: Nvidia’s Collapsing Stock Could Kill Nasdaq’s Winning Streak

2019-2-15 16:59

The Nasdaq Composite Index is on the verge of breaking out of its bear market. With a rebound of 12. 9% since the infamous Christmas Eve massacre, tech stocks are on fire. But the winning streak could be halted by Nvidia’s earnings report tonight.

Chipmaker Nvidia sent an unprecedented early warning to investors last month, bracing them for disappointing revenue figures. It slashed revenue expectations from $2. 7 billion to just $2. 2 billion. Nvidia’s stock price plunged 14% in response.   If the numbers come in even lower tonight, it could kill the Nasdaq’s momentum. Poor forecasts at Nvidia have rattled the Nasdaq

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nvidia nasdaq could winning streak kill stock

Источник: ccn.com

nvidia nasdaq → Результатов: 4


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Booming AI demand spurs AI-based crypto growth amid the current US SEC onslaught

The rising demand for artificial intelligence (AI) chips, cited in Nvidia’s report towards the end of May, has spurred the growth of AI-based cryptocurrencies. The overall rally in the S&P 500 and Nasdaq Composite driven by Nvidia Corporation (NASDAQ: NVDA) over the past two weeks has provided a sentiment boost to AI and big data cryptocurrencies.

2023-6-8 12:20


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