Nvidia's Forecast Dampens Ai Enthusiasm In Other Tech Stocks

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Wed, 08/28/2024 - 3:23pm

Nvidia's forecast dampens AI enthusiasm in other tech stocks

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BING NEWS:

Nvidia's Market Value Tumbles by $279 Billion as Wall Street Drops
The latest jitters about AI come after Nvidia last Wednesday gave a quarterly forecast that failed to meet the lofty expectations of investors.
09/3/2024 - 7:54 pm | View Link
Nvidia’s AI Spending Hints at Big Tech’s Uneven ROI
Nvidia (NASDAQ:NVDA) has been at the forefront of the AI revolution, capitalizing on the surge in demand for AI-related hardware. However, as Nvidia continues to benefit from this boom, a broader ...
08/30/2024 - 6:29 am | View Link
Nvidia's rally takes a break after forecasts fall short of investor expectations
The forecast followed strong second-quarter earnings that topped Wall Street expectations, and the AI bellwether announced a new $50 billion share buyback as well. "Investors want more ...
08/29/2024 - 6:31 am | View Link
Nvidia's subdued forecast dampens enthusiasm in AI chip stocks after steady rally
Nvidia has crushed Wall Street’s estimates for several quarters on surging demand for AI chips ... of tech companies whose results failed to justify rich valuations. Nvidia forecast revenue ...
08/29/2024 - 6:04 am | View Link
Nvidia's rally takes a break after forecasts leave investors nonplussed
(Reuters) -Nvidia shares dropped 4% on Thursday after its forecast fell short ... Laffer Tengler Investments. Big Tech stocks shrugged off the weakness, a sign that investors did not see the report as ...
08/29/2024 - 2:28 am | View Link
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