Aug 29, 2024
Nvidia 'beats' as expected, but fallout is limited
A look at the day ahead in US and global markets by Mike Dolan After all that, Nvidia beat expectations – which became “expected” – and the stock fell about 5%. It’s still August, after all. To be fair, the market’s negative reception to the AI leader’s quarterly results tonight is typical of the reaction to other conspicuous “sticks” in the sector this earnings season. These stocks are…