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0.00032434185631657 0.00032434185631657 7.89231850370371E-05 -0.000162170928158285 -0.000162170928158285 -0.000162170928158285 -0.000162170928158285 -0.000162170928158285
Stock impact report

AI giant Nvidia made $120 billion in profit last year. Investors are still spooked. [Yahoo! Finance]

NVIDIA Corporation (NVDA) 
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Company Research Source: Yahoo! Finance
Nvidia headquarters in Santa Clara, Calif. (Justin Sullivan / Getty Images file) · Justin Sullivan Nvidia — the most valuable company in the world thanks to its place atop the AI food chain — generated a staggering $120 billion in profits last year. This includes an eye-popping $43 billion during the three-month period ending in January, one of the strongest quarters of any business ever recorded. Investors didn't seem to care. Shares of Nvidia fell more than 5% Thursday, following the results. With a total market value of roughly $4.5 trillion, the company's one-day loss amounted to roughly $256 billion worth of market capital. Nvidia's stock price decline is part of a broader phenomenon dubbed the “AI scare trade” that is percolating in certain corners of the stock market. This bearish play threatens the very driver that has powered broader, double-digit gains across the benchmark S&P 500 for the past two years. And while the stock market might look broad, its gains Show less Read more
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