Reported about 11 hours ago
Nvidia, the leading chipmaker, is facing a downturn as its revenue forecast disappoints investors, leading to a drop in its stock price despite surpassing several performance metrics. The company anticipates its slowest revenue growth in seven quarters, with warned margin decreases due to production challenges. Meanwhile, broader market sentiments remain cautious, impacted by mixed retail earnings and geopolitical uncertainties, particularly following significant losses for India's Adani Group amidst legal troubles.
Source: YAHOO