Nvidia (NASDAQ:NVDA) shares closed 7.7% lower on Thursday to mark the first daily close below the $140 mark for the first time since April 2021.
Shares dropped on the chipmaker's warning that its Q3 revenue guidance may suffer a $400 million negative impact from the U.S. bank on exports of top AI chips to China.
The Competition and Markets Authority (CMA) said on Thursday the deal, the largest ever in gaming, could damage the industry if Microsoft refused to give competitors access to Activision's best-selling games.
DISCLAIMER: Stocks and options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the stocks and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell stocks or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in this report. The past performance of any trading system or methodology is not necessarily indicative of future results. All trades, patterns, charts, systems, etc., discussed in this report are for illustrative purposes only and not to be construed as specific advisory recommendations. Information contained in this correspondence is intended for informational purposes only and was obtained from sources believed to be reliable. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted.
2563 cherry hill ln, Hermitage, PA 16148, United States
Post a Comment
Post a Comment