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Why did Nvidia start crashing immediately after earnings beat?


Why did Nvidia start crashing immediately after earnings beat?

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Nvidia reported an 85% revenue jump in a big earnings beat, but NVDA shares fell 2.3% after-hours and were still about 2% lower as of press time. The mixed market reaction may temper crypto market sentiment and GPU-dependent mining demand even as strong Nvidia results underscore ongoing AI and infrastructure adoption relevant to crypto, DeFi and CEX/DEX ecosystems.

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Nvidia (NASDAQ: NVDA) gave Wall Street a huge earnings beat, but the stock still fell right after the report. Cryptopolitan had reported that Nvidia’s revenue jumped 85%, yet shares dropped 2.3% after hours yesterday. The NVDA stock later recovered part of that loss, but it was still down around 2% today as of press time,...
Read the article at CryptoPolitan

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