Double Sales, Q2 Beats Estimates! Yet, Not Enough To Lift Nvidia; Why Did World’s Biggest AI Stock Fall 2%?
The world’s largest AI behemoth, Nvidia, reported strong earnings in Q2 with sales doubling in size and overall performance overwhelmingly surpassing street estimates. Yet, NVIDIA’s stock price did not find a solid bull’s ground overnight. The world’s largest AI stock responded to the best-ever earnings report by falling 2% on Nasdaq. Makes you wonder why…