neutral
Nvidia beats Q4 forecast but US tech stocks reverse gains amid volatility
Nvidia reported a stronger-than-expected revenue forecast of around $65 billion for fiscal Q4, above analyst estimates of ~$62 billion. Despite the upbeat outlook, US tech indices reversed sharply: the Nasdaq Composite dropped 2.2% and the S&P 500 fell 1.6% as concerns over AI spending and macro risks resurfaced.
Investor caution is rising over the sustainability of AI-driven valuations and the timing of possible rate cuts by the Federal Reserve.
Companies:
- Nvidia
Tags:
- markets
- stocks
neutral
Nvidia beats Q4 forecast but US tech stocks reverse gains amid volatility
Nvidia reported a stronger-than-expected revenue forecast of around $65 billion for fiscal Q4, above analyst estimates of ~$62 billion. Despite the upbeat outlook, US tech indices reversed sharply: the Nasdaq Composite dropped 2.2% and the S&P 500 fell 1.6% as concerns over AI spending and macro risks resurfaced.
Investor caution is rising over the sustainability of AI-driven valuations and the timing of possible rate cuts by the Federal Reserve.
Companies:
- Nvidia
Tags:
- markets
- stocks
1 min read
68 words
Nvidia beat estimates but US tech stocks fell as investors weighed AI spending and rate-cut uncertainties.
Nvidia reported a stronger-than-expected revenue forecast of around $65 billion for fiscal Q4, above analyst estimates of ~$62 billion. Despite the upbeat outlook, US tech indices reversed sharply: the Nasdaq Composite dropped 2.2% and the S&P 500 fell 1.6% as concerns over AI spending and macro risks resurfaced.
Investor caution is rising over the sustainability of AI-driven valuations and the timing of possible rate cuts by the Federal Reserve.
Nvidia reported a stronger-than-expected revenue forecast of around $65 billion for fiscal Q4, above analyst estimates of ~$62 billion. Despite the upbeat outlook, US tech indices reversed sharply: the Nasdaq Composite dropped 2.2% and the S&P 500 fell 1.6% as concerns over AI spending and macro risks resurfaced.
Investor caution is rising over the sustainability of AI-driven valuations and the timing of possible rate cuts by the Federal Reserve.
Companies:
- Nvidia
Tags:
- markets
- stocks
- markets
- stocks
- ai
- tech
- usa