It's not always the exact earning numbers that drive the price up or down. A lot of the time it's the company's future projections and what they think they will do into the next few quarters
Because NVDA is priced to perfection already until another catalyst comes about. nvda has to CRUSH their earnings, not barely beat, even 5% beat isn't enough to make nvda move anymore.
NVDA reports 94% growth goes down 8%. AVGO reports 65% growth, goes UP 23%. Irrational.
Same with TESLA in the beginning of the 2024 year.
It's not always the exact earning numbers that drive the price up or down. A lot of the time it's the company's future projections and what they think they will do into the next few quarters
Because NVDA is priced to perfection already until another catalyst comes about. nvda has to CRUSH their earnings, not barely beat, even 5% beat isn't enough to make nvda move anymore.
avgo was good report, but 26% ??? way over done....
@darrenhere5856 26% so it will correct 10%-15% possibly
People aren't asking to AI. to them A.I. it's just an advanced version Siri or Google. what they really want is a foldable phone.
Apple looks its to becoming the king in AI too! 😊
Apple shunned Nvidia a long time ago