Nvidia Stock Soars On Blowout Guidance

Summary:

  • Nvidia reported Q1 results that were better than expected.
  • The Q2 guidance was more impactful, however.
  • Nvidia is expensive.
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Article Thesis

Nvidia Corporation (NASDAQ:NVDA) reported its most recent quarterly earnings results on Wednesday afternoon. The company’s shares soared following better than expected results and due to pretty strong guidance for the current year. That being said, results during the most recent


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