Nvidia's stock dropped by 6.9% following its recent earnings call, marking its steepest post-earnings decline since February 2022.
Investors reacted negatively due to concerns over Nvidia's financial outlook, particularly its forecasted gross margins, which are expected to shrink slightly in the upcoming quarters.
The company's modest revenue growth projections also fell short of market expectations.
This decline in Nvidia's stock may have broader market implications, potentially influencing assets like Bitcoin as investors assess overall market sentiment.
This decline in Nvidia's stock may have broader market implications, potentially influencing assets like Bitcoin as investors assess overall market sentiment.
