Nvidia's stock has dropped 15% from its peak market cap of $3.3 trillion amid increasing competition and uncertainties surrounding its upcoming earnings report.
Category: Uncategorized
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Stock Markets – Indian Stock Market Plunges Over 1% Amid Global Selloff
Stock Markets – Sensex and Nifty 50 Drop Over 1% on Weak Global Cues Stock Markets – The Indian stock market benchmarks, the Sensex and the Nifty 50, experienced a sharp decline of over 1 percent each on Friday, August 2, driven by an across-the-board selloff amid weak global cues. The Sensex opened at 81,158.99,...
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Rolls-Royce Stock – Rolls-Royce Shares Surge After Dividend Reinstatement and Profit Forecast Upgrade
In July 2024, Rolls-Royce shares soared over 11% to an all-time high after the company reinstated dividends and raised its 2024 profit forecast following a strong first-half performance.
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PayPal Stock – PayPal Beats Expectations with Strong Q2 2024 Results, Revenue Hits $7.89 Billion
PayPal's Q2 2024 earnings report revealed an 8% revenue increase to $7.89 billion and an adjusted EPS of $1.19, surpassing analyst expectations and highlighting robust payment volume growth despite a 22% decline in stock over the past year.
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NHPC Stock Update: Closing at ₹105.45 Today, Slightly Up by 0.09%
NHPC closes at ₹105.45, up 0.09% today. Market sees slight gains in NHPC stock.
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VBL Share News – Varun Beverages Ltd Shares Plummet 6% Despite Strong Q2 Profit Growth
Varun Beverages Ltd's stock dropped 6% despite a 25.5% increase in profit and a 28.3% revenue boost for Q2, alongside announcements of a stock split and interim dividend.
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Heineken stock slides 7% as first-half earnings fall short
Heineken stock- Heineken Reports Missed Profit Targets, Shares Plummet 7% Heineken stock– Heineken, a prominent name in the global brewing industry, faced a challenging start to the week as its shares plummeted nearly 7% on Monday following the release of disappointing first-half financial results. Investors reacted negatively to the news that the company’s operating profit...
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Nvidia Stock Forecasted to Rise to $175 by Wall Street Analyst: Buy or Hold?
Wall Street analyst predicts Nvidia stock could hit $175, signaling a potential 54% upside. Should you consider buying now?
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Hermès Stock – Hermès and NatWest Drive European Market Gains Amid Positive US Inflation Reading
European stocks rose 0.8% driven by strong earnings from Hermès and NatWest, alongside positive US inflation data.
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Stock market news- Are US stocks experiencing a shift in momentum?
Losses in Europe and Asia are led by AI-related stocks such as Nvidia, Tesla, and Google’s parent company, Alphabet.
