Yes, the Crypto Crash Is Hurting Nvidia

So as it turns out, the analysts were right -- on all counts.

Nvidia (NASDAQ: NVDA) reported its fiscal first-quarter 2023 earnings Wednesday evening, and yes, they beat estimates with a stick -- but also, yes, the guidance disappointed. Nvidia stock at first turned south (after-hours) on the guidance miss but eventually reversed course and traded higher on Thursday.  

The Q1 numbers were just that good.

Continue reading

Source Fool.com