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Nvidia (NVDA) Falls on Strong Jobs Data Despite AI Earnings Beat and Bullish Outlook

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The Story

News Summary

  • Nvidia beat expectations with strong AI-driven earnings, but shares fell amid broader tech selloff after strong jobs data dimmed rate cut hopes.
  • AMD and other AI-related stocks also reversed gains, reflecting concerns over rising borrowing costs impacting high-growth tech valuations.
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NVDA price history

218.29 +19.87% over the displayed period

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