NVIDIA May Send Chips to Saudi Arabia - Should You Sell the News?
NVDANvidia(NVDA) MarketBeat·2024-09-16 20:30

Nvidia Corp. NASDAQ: NVDA stock climbed 11.86% the week of September 9. This was a welcome relief for investors who watched NVDA stock drop approximately 20% after it reported earnings on August 28. Many investors presume that the lift in technology stocks in general, and NVDA stock in particular, is a way of frontrunning the anticipated interest rate cut that is likely to come at the conclusion of the Federal Open Market Committee (FOMC) meeting on September 18.  Get NVIDIA alerts:However, another explanat ...