A broad array of stocks traded lower on Friday as investors focused on the state of the economy and the Federal Reserve's ongoing campaign to battle persistent inflation. With that as a backdrop, as of 1:30 p.m. ET, shares of Nvidia (NASDAQ: NVDA) had slumped by 3.1%, Palo Alto Networks (NASDAQ: PANW) was trading down by 2.9%, Snowflake (NYSE: SNOW) was off by 2.3%, and Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) had slipped by 1.1%.
In this video, I will talk about Nvidia (NASDAQ: NVDA), which is up 50% since its lows back in October, as well as some company-related news, and give you a quick rundown of its latest earnings report.
Recently, Zacks.com users have been paying close attention to Nvidia (NVDA). This makes it worthwhile to examine what the stock has in store.