Reported about 13 hours ago
Nvidia's recent earnings report suggests a potential rebound for the 'Magnificent 7' tech stocks as it beats analyst estimates and predicts strong future margins. The chipmaker's performance has spurred optimism in the market, though concerns about peak AI demand and market conditions linger. Many analysts maintain bullish views on Nvidia, suggesting that its growth could positively impact the broader tech sector despite recent declines among major names like Tesla and Amazon.
Source: YAHOO