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AI giant Nvidia made $120 billion in profit last year. Investors are still spooked. [MSNBC.com]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
NvidiaThis 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 theAI “scare trade”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 are increasingly concentrated in just a handful of mega-cap names, including Nvidia. In other words, the entire market’s performance is heavily tied to the performance of these select companies.Nvidia says its growth story is very much still intact.“We have now seen the inflection of agentic AI and the usefulness of agents a
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- Bank of America resets Nvidia price target after earnings [Yahoo! Finance][Yahoo! Finance]
- AI giant Nvidia made $120 billion in profit last year. Investors are still spooked. [Yahoo! Finance][Yahoo! Finance]
- Nvidia's Jensen Huang Says Agentic AI Has Arrived at an 'Inflection Point' [CNET News][CNET News]
- Nvidia Stock Slips: Time to Buy on the Dip? [Yahoo! Finance][Yahoo! Finance]
- Tim Cook 'Sleeps With One Eye Open' After CIA Taiwan Warning, But Do Prediction Markets Agree He Should Be Worried? [Yahoo! Finance][Yahoo! Finance]
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