Nvidia's Post-Earnings Jitters: Can NVDA Stock Regain Its AI-Fueled Momentum?

Quick Summary:

Despite the stellar numbers in its latest earnings report, Nvidia Corp (NASDAQ:NVDA) stock slipped 3% in after-hours trading on Wednesday.

By mid-morning, Nvidia shares were down 1.23%, trading at $144.10—a move many attribute to the priced-for-perfection environment surrounding the AI giant.

In premarket Thursday, Nvidia shares swung between gains and losses, ultimately opening 5% higher before losing steam.

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Article Details

Author / Journalist: Surbhi Jain

Category: Technology

Markets: United States

Topics: Tech News Stories That Matter US67066G1040 Technicals Top Stories Earnings Beats Pro Project Benzinga NVDA Expert Ideas Trading Ideas Artificial intelligence Earnings AI

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 19:05:44 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 289 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 21 words per sentence (average)

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Copyright Owner: © Benzinga

News ID: 23743243

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