1 week ago
Nvidia (NVDA) Stock: Amazon AI Deal and Strong Earnings Support Rebound
TLDR Nvidia stock rebounds to $212.95 after five straight sessions of declines Tuesday. Amazon orders two million Nvidia processors for its expanding warehouse robots. Nvidia posts $96 billion revenue and beats Wall Street’s quarterly estimates. Needham lifts third-quarter forecasts and keeps a $300 Nvidia price target. Shares retest the 50-day average after Monday’s sharp technical [...]
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