Why is Nvidia (NVDA) stock plunging after beating “expectations”?
NVIDIA Corporation (NVDA) just released its latest results. Nvidia’s second-quarter earnings report beat expectations. Revenue reached $30 billion, up 122% year over year and 15% quarter over quarter. This strong performance resulted in adjusted earnings per share (EPS) of $0.68,…
Nvidia shares fall 5%, chip stocks fall as Wall Street calls ‘tremendous buying opportunity’ after sell-off
Nvidia shares (NVDA) gave up early session gains to close 5% lower on Wednesday, despite a bullish view from analysts at Piper Sandler, who called investors a “tremendous buying opportunity” following the recent sell-off in the semiconductor sector. “Fundamentally, NVDA…
Nvidia shares fall despite Piper Sandler announcing “tremendous opportunity” after sell-off
Nvidia stock (NVDA) gave up its initial gains and fell 2% as the market rally lost momentum Wednesday afternoon. The shares had previously gained along with other semiconductor stocks after analysts at Piper Sandler signaled a “tremendous opportunity” for investors…
