December 19, 2024
3 reasons why Q2 beat did not impress investors #NewsUnitedStates

3 reasons why Q2 beat did not impress investors #NewsUnitedStates

CashNews.co

Nvidia (NVDA) released its second quarter earnings report after the market close on Wednesday, topping analyst expectations on both the top and bottom lines. Despite this strong performance, the results failed to impress investors, sending the company’s shares lower in after-hours trading.

Yahoo Finance tech editor Dan Howley breaks down the details, exploring the top three reasons why the semiconductor giant’s sixth consecutive earnings beat was not enough to drive markets or broadly impress investors this time around.

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This post was written by Angel Smith