Advertisement
Australia markets closed
  • ALL ORDS

    7,937.50
    -0.40 (-0.01%)
     
  • ASX 200

    7,683.00
    -0.50 (-0.01%)
     
  • AUD/USD

    0.6527
    +0.0027 (+0.42%)
     
  • OIL

    82.84
    +0.03 (+0.04%)
     
  • GOLD

    2,337.90
    -0.50 (-0.02%)
     
  • Bitcoin AUD

    97,436.22
    -4,208.53 (-4.14%)
     
  • CMC Crypto 200

    1,357.27
    -25.31 (-1.83%)
     
  • AUD/EUR

    0.6083
    +0.0012 (+0.20%)
     
  • AUD/NZD

    1.0953
    +0.0012 (+0.11%)
     
  • NZX 50

    11,946.43
    +143.15 (+1.21%)
     
  • NASDAQ

    17,526.80
    +55.33 (+0.32%)
     
  • FTSE

    8,091.39
    +51.01 (+0.63%)
     
  • Dow Jones

    38,460.92
    -42.77 (-0.11%)
     
  • DAX

    17,982.16
    -106.54 (-0.59%)
     
  • Hang Seng

    17,284.54
    +83.27 (+0.48%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     

Is Nvidia in Trouble? Or Is This a Buying Opportunity?

Nvidia (NASDAQ: NVDA) did precisely that, choosing to release its results three weeks early. Nvidia experienced a tough quarter. While management guided in Q1 for $8.1 billion in revenue during its 2023 fiscal year second quarter (ending July 31), Nvidia only brought in $6.7 billion.