Nvidia (NVDA) shares are declining despite the company reporting a beat in it's second-quarter results. This downturn comes as the company's guidance failed ...
) shares are declining despite the company reporting a beat in it's second-quarter results. This downturn comes as the company's guidance failed to impress investors. Laffer Tengler Investments CEO & CIO Nancy Tengler joins Wealth to discuss her outlook on the company's future.
They've been down throughout trade post report, but it's not weighing on the markets that much, which is interesting considering the outsized move that we've seen driven by NVIDIA.Well, I I think what you're seeing is that the other uh A I proxies like Broadcom and A MD and then some, you know, expanded out from there are doing well on the report.
And I think we are seeing it broaden out by industry and that, that will be the next catalyst for growth.Uh we've drawn an analogy to the 19 nineties for the last couple of years. I mean, uh we, we didn't think we'd have a day where NVIDIA was lower, but the market's still holding on to gains.Well, so we added NVIDIA, uh I'm sorry, we added a MD to our portfolio uh in, in the last quarter on the sell off it.
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