Worried About Tech Selloff? ETF Strategies to Play [Yahoo! Finance]
NVIDIA Corporation (NVDA)
Last nvidia corporation earnings: 2/13 04:20 pm
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Source: Yahoo! Finance
The selloff led to a $1-trillion rout in the Nasdaq 100 Index and was triggered by artificial intelligence (AI) technology leaders, including semiconductor giants like Nvidia Corp. NVDA (down 6.8%), Broadcom Inc. (AVGO) (down 7.6%), Super Micro Computer Inc. (SMCI) (dropped 9.15%) and Arm Holdings Plc (ARM) (down 8.2%). The downturn was also caused by Alphabet Inc. 's GOOGL earnings report, which highlighted increased capital expenses, leading to a more than 5% drop in its stock. Tesla Inc. TSLA plunged more than 12% following a lack of details from CEO Elon Musk on the company's self-driving vehicle efforts. Bloomberg index of the so-called Magnificent Seven technology stocks went down 5.9% on Jul 24, falling below its average price for the past 50 days for the first time since May. However, the stock has gained 33% since the start of the year. Investor Sentiment Investors expressed concerns over the return on investment from substantial AI infrastructure spending. Alec Young
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News
- Investors shouldn't 'reach too far for risk': Strategist [Yahoo! Finance]Yahoo! Finance
- Investors shouldn't 'reach too far for risk': Strategist [Yahoo! Finance Canada]Yahoo! Finance Canada
- Why Nvidia (NVDA) Shares Are Sliding Today [Yahoo! Finance]Yahoo! Finance
- Stocks head for worst week in more than a year as Dow, Nasdaq plummet [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Stocks Tumble On Jobs Data, Nasdaq 100 Eyes Worst Week In 2 Years As Semiconductors Slump: What's Driving Markets Friday? [Yahoo! Finance]Yahoo! Finance
NVDA
Earnings
- 2/21/24 - Beat
NVDA
Sec Filings
- 9/6/24 - Form 4
- 9/6/24 - Form 144
- 9/5/24 - Form 144
- NVDA's page on the SEC website