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Nvidia (NVDA) Tumbles Post-Earnings as Inflation Stokes Fed Uncertainty

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The Story

News Summary

  • US stocks slipped as investors booked profits and core PCE inflation rose 2.9%, keeping Fed moves in focus.
  • Nvidia, despite 56% revenue growth, fell about 3% on profit-taking while Alibaba jumped on reports of a more advanced chip for China.
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NVDA price history

218.29 +19.87% over the displayed period

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