Nvidia share price

2024 - 8 - 28

Nvidia's Stock Takes a Dive: When Good News Goes Bad!

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Nvidia's stellar earnings report has its stock price falling! How can $30 billion in sales lead to a drop? We've got the scoop!

Nvidia, the titan of artificial intelligence chips, recently reported Q2 earnings that would make anyone's jaw drop. The company raked in a whopping $30 billion in revenue—way above the analysts’ expectations of $28.7 billion! You might think this news would send the stock soaring, but hold your horses! Instead, Nvidia's share price ended the day down 2.1% at $125.61, and if that wasn’t shocking enough, it plunged an additional 6.89% in after-hours trading. Talk about a plot twist!

So, what gives? It seems that Nvidia's stock not only took a tumble after its earning announcement, but it also dragged down some of the other big players in the tech industry in the process. Investors were left scratching their heads trying to decipher this unprecedented dip in stock value despite the promising numbers. Analysts suggest that while the company beat expectations, the subsequent declines might signal a warning for future performance. Could this be a sign of cooling interest in the AI sector, or are investors just being overly cautious?

Adding to the drama, Nvidia’s promise of Q3 revenues projected at $32.5 billion, slightly above analysts’ forecasts, has left many in the finance world divided. Some believe that revealing such high expectations could set the company up for a bigger fall if targets aren't met. What's more astonishing is how Nvidia's earnings have started to rival market-moving news like the US jobs report! It appears that this AI powerhouse is not just making waves, but tidal waves that could influence the entire market.

Now, for some fun facts: Did you know that Nvidia was originally founded in 1993 to create computer graphics processors? Fast forward to 2023, and they are leading the charge in artificial intelligence technology, with many referring to their chips as “the brains behind the AI boom.” Also, while it may sound crazy, even a company hitting such remarkable revenue numbers can have stock prices affected by market sentiment and expectations. So, while Nvidia's earnings report had everyone buzzing with excitement, it’s a stark reminder that stock markets can be as unpredictable as the weather!

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Image courtesy of "Livemint"

Nvidia share price declines 7% in extended trade after Q2 results ... (Livemint)

Nvidia share price ended 2.1% lower at $125.61 apiece at the closing bell. However, Nvidia stock price declined 6.89% in the after-hours trading.

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Image courtesy of "The Business Times"

AI chip giant Nvidia beats expectations, but shares take hit (The Business Times)

ARTIFICIAL intelligence behemoth Nvidia on Wednesday said quarterly sales reached a higher than expected US$30 billion in the last quarter, ...

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Image courtesy of "Forbes"

Nvidia Stock Down After Hours Despite Q2 Earnings Beat And Raise (Forbes)

Q3 2024 revenue guidance: $32.5 billion — $700 million more than the $31.7 billion analysts' consensus, according to CNBC.

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Image courtesy of "Financial Times"

Nvidia earnings now rival US jobs report for impact (Financial Times)

Futures tracking the S&P 500 and the Nasdaq Composite were steady on Wednesday, ahead of the company's second-quarter results due after the market's close, ...

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Image courtesy of "Sky News"

Nvidia earnings spark rare share price fall across US tech stocks (Sky News)

The company's update, after US markets had closed for the day, was seen by analysts as crucial to the direction for wider stocks ahead given the artificial ...

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Image courtesy of "Investor's Business Daily"

Nvidia Stock: 'Smaller Beat' A Warning Sign? (Live Coverage) (Investor's Business Daily)

AI chip leader Nvidia will report fiscal Q2 results after the market close on Wednesday. The news could be a catalyst for Nvidia stock.

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Nvidia Earnings: Why the Stock Is Dropping on Strong Q2 Results ... (Barron's)

Follow live coverage and analysis of Nvidia's second-quarter earnings report, earnings call, and stock reaction.

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Image courtesy of "BBC News"

AI chip giant Nvidia's shares sink despite record sales of $30bn (BBC News)

The California-based technology giant has been one of the biggest beneficiaries of the AI boom.

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Image courtesy of "Portfolio Adviser"

Nvidia share price drops in after-market trading despite ... (Portfolio Adviser)

In the second quarter, the company created $30bn in revenue, above the forecasted $28.7bn. While Nvidia's revenue still outperformed estimates, it did so by the ...

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Image courtesy of "The Guardian"

Nvidia profits fail to spark share price rally; UK car production falls ... (The Guardian)

Live coverage as chip company beats analyst expectations but share price falls 7% in after hours trading.

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Image courtesy of "CNBC"

Nvidia shares down 4.6% in premarket trade despite market-beating ... (CNBC)

Nvidia shares fell 4.5% in U.S. premarket trade on Thursday despite its fiscal second-quarter results beating estimates.

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Image courtesy of "Motley Fool UK"

As the Nvidia share price tumbles 8%, is this my time to invest? (Motley Fool UK)

The Nvidia share price is set to open lower today after the company's Q2 earnings report, making me wonder if this could be a good time to invest.

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Image courtesy of "The Guardian"

Nvidia shares fall on slowing growth and production concerns (The Guardian)

Doubling of quarterly revenues fails to allay concerns about production delays to its next-generation of AI chips.

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