Published: Aug 28, 2024
Duration: 00:00:57
Category: Science & Technology
Trending searches: nvdia earnings
I'm sure you've heard the news Nvidia beat earnings expectations yet the stock dropped but why Nvidia knocked it out of the park with their latest earnings report beating wall Street's Expectations by a mile but instead of celebrating investors were scratching their heads as nvidia's stock dipped in pre-market trading here's the deal even when a company reports fantastic earnings other factors can still spook investors in nvidia's case it's all about future growth and guidance despite the Stellar earnings nvidia's forecast for the next quarter was n't as rosy as expected investors are always looking ahead and if they see a cloud on the horizon they might sell off shares to cut potential losses plus nvidia's stock price was already at sky-high levels so even a small hiccup in future outlook can trigger a selloff remember the stock market isn't just about today's performance it's about tomorrow's potential so even if a company beats earnings cautious guidance can lead to a dip stay sharp stay informed and don't let short-term moves sway your long-term strategy