Why Did Nvidia Stock Crash Today After Blowout Earnings?
Investors eagerly awaited fiscal fourth-quarter earnings from Nvidia (NASDAQ: NVDA) yesterday. The artificial intelligence (AI) leader didn't disappoint. Nvidia beat estimates and provided guidance well above most expectations. Why, then, are shares lower by 4.4% as of 11:11 a.m. ET today? The answer is an interesting one and provides investors with a good reason to potentially take advantage of today's dip. Will AI create the world's first trillionaire? Our team just released a report on the one little-k ...