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NVDA
Benzinga
11 hrs

US Stocks Mixed; Nvidia Posts Upbeat Earnings

1. Nvidia reported better-than-expected earnings for Q2. 2. Third-quarter revenue guidance ranges between $52.92 billion and $55.08 billion. 3. Market reaction mixed, NASDAQ slightly up while Dow and S&P 500 fell. 4. U.S. economic expansion at 3.3% in Q2, showing growth.

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FAQ

Why Very Bullish?

Nvidia's stronger-than-expected earnings and optimistic Q3 revenue guidance reflect solid operational performance, similar to past earnings boosts that often led to significant stock gains.

How important is it?

The article's focus on Nvidia's earnings and revenue guidance directly influences investor sentiment and stock price, making it highly relevant.

Why Short Term?

Immediate price reactions typically occur post-earnings announcements, as seen in previous reports where NVDA shares rose sharply after positive earnings.

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