Nvidia stock recovers as Dogecoin, Jasmy, Render lead crypto’s rebound

2024-8-6 20:29

Nvidia stock crawled back on Monday, Aug. 5, giving all asset class investors hope that a buy-the-dip opportunity exists. Is this all a big dead cat bounce? Nvidia stock traded as low as $90.69 on Aug. 5 and investors sensed…

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Meteoric Bitcoin Rally Won’t Rescue Nvidia’s Flailing Stock

By CCN: Nvidia previously blamed its negative earnings report on “crypto winter,” the vaunted extended bear market which Bitcoin appears to have finally exited. The incredible rally of the past couple weeks means many industries related to crypto will see increased demand and valuation – everything from mining to software development will be in fashion again.

2019-5-17 20:39


Фото:

Nvidia Shares Fall 19% After Company Reveals Q4 Revenue Might Fall Short By $700M Due To Falling Crypto-related GPU Demand

Even without directly investing in cryptocurrencies, Nvidia was one of the biggest winners in 2017’s crypto boom. With last year’s soaring prices of digital currencies, the company’s GPUs were selling like hotcakes as crypto miners, who were busy building their mining rigs back then, snapped up stock worth $776 million in 2017 alone.

2018-11-16 16:09