Nvidia Has Been Quite Relevant To Stocks, Which Means the Fed Can't Be
Nvidia(NVDA) Forbes·2024-09-08 22:00
SANTA CLARA, CALIFORNIA - MAY 30: An exterior view of the NVIDIA headquarters on May 30, 2023 in ... [+] Santa Clara, California. Chipmaker NVIDIA reached a $1 trillion market cap at the open bell of the NYSE on Tuesday morning. The company is forecasting second quarter sales of $11 billion, 50 percent higher than analyst estimates of $7.15 billion. (Photo by Justin Sullivan/Getty Images)Getty ImagesLast Tuesday Nvidia shed over $279 billion in value. It was the biggest one-day paper loss for a corporation ...