3 Reasons to Buy Nvidia Stock as the UBS Global Technology and AI Conference Gets Underway
Portfolio Pulse from
Nvidia's stock experienced a decline despite reporting a strong Q3 with doubled EPS year over year. This comes as the UBS Global Technology and AI Conference begins.
December 03, 2024 | 10:45 pm
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Nvidia reported a strong Q3 with doubled EPS year over year, but its stock price declined post-announcement. This could be due to high expectations or profit-taking by investors.
Despite Nvidia's impressive earnings report, the stock price fell, likely due to high market expectations or investors taking profits after a strong run-up. This suggests a short-term negative impact on the stock price.
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