Nvidia earnings could spark a nearly $300 billion swing in the stock, Goldman says
Business InsiderAUG 13 2024
NVidia shares fell around 3% Thursday, underwhelmed by the firm's third-quarter forecast and despite its second-quarter results beating expectations.
The chipmaker's shares had fallen around 6% on Wednesday after its second-quarter results showed revenues rising 122% over the same period last year.
Nvidia, which briefly became the S&P 500's most valuable firm in June, grossed $30B in the second quarter, expecting the third-quarter figure to hit $32.5B.