Nvidia’s stock saw a 1.5% decrease just before the markets closed on Wednesday, ahead of the release of their earnings results. Analysts are anticipating that Nvidia will surpass expectations, with Patrick Moorhead of Moor Insights & Strategy stating in an interview with Yahoo Finance that “the company is clearly going to exceed expectations.” Despite the recent drop in stock price, Nvidia’s shares have increased by 90% this year and over 200% year over year.
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https://www.coindesk.com/markets/2024/05/22/ai-focused-tokens-edge-higher-ahead-of-nvidia-earnings-results/
