Nvidia's Revenue Forecast Fails to Meet Expectations
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Nvidia's revenue forecast for the fiscal fourth quarter is $37.5 billion, which is below some analysts' expectations. This news was discussed on 'Bloomberg The Close' by Scarlet Fu and Vonnie Quinn.
November 20, 2024 | 10:15 pm
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Nvidia's revenue forecast for the fiscal fourth quarter is $37.5 billion, which is below some analysts' expectations.
The revenue forecast being below expectations is likely to negatively impact Nvidia's stock price in the short term as it may lead to investor disappointment and reduced confidence in the company's near-term growth prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100