2019-5-17 20:39

By CCN: Nvidia previously blamed its negative earnings report on “crypto winter,” the vaunted extended bear market which Bitcoin appears to have finally exited. The incredible rally of the past couple weeks means many industries related to crypto will see increased demand and valuation – everything from mining to software development will be in fashion again.

However, NVDA shareholders should not count on another cryptocurrency boom to rescue the ailing chipmaker. Analysts Worry about Nvidia as Stock Implodes Nvidia stock continues to teeter on the brink, and the company’s first-quarter earnings report isn’t looking very healthy, according to Wall Street

The post Meteoric Bitcoin Rally Won’t Rescue Nvidia’s Flailing Stock appeared first on CCN

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Источник: ccn.com

Nvidia Stock Good for Bottom Fishing This Christmas, Citi Group Executive Says

CoinSpeaker Nvidia Stock Good for Bottom Fishing This Christmas, Citi Group Executive Says Shedding out 50% of its value in the last three months, some analysts predict Nvidia's stock price has already reached its bottom while seeing a buying opportunity this time.

“Crypto Hangover” Causes Nvidia’s Stock to Tumble 17%

Following a week of widespread carnage in the cryptocurrency markets, traditional retail stocks involved with the crypto sector are feeling the burn as well, with the California-based computer chip maker, Nvidia’s (NVDA) price tanking on the Nasdaq stock exchange.

Nvidia Misses Q3 Revenue Target as Cryptocurrency Slump Weighs on Business

Shares of Nvidia plunged as much as 17 percent in after-hours trading on the Nasdaq Stock Market on Thursday, after the U. S. bitcoin mining equipment maker reported unexpectedly weak revenue for the third quarter.

Nvidia Shares Fall 19% After Company Reveals Q4 Revenue Might Fall Short By $700M Due To Falling Crypto-related GPU Demand

Even without directly investing in cryptocurrencies, Nvidia was one of the biggest winners in 2017’s crypto boom. With last year’s soaring prices of digital currencies, the company’s GPUs were selling like hotcakes as crypto miners, who were busy building their mining rigs back then, snapped up stock worth $776 million in 2017 alone.

Word on the Street: Tether resumes peg but bank relationship still dubious

The overall crypto market cap has declined ~1. 9% over the past 5 days from ~$209b to ~$205b. After being hammered in the past week the S&P500 has rebounded ~3% and Bitcoin’s correlation with the S&P continued its October downtrend, declining on the week to a semi-weak correlation of .

Word on the Street: Tether resumes peg, announces new bank relationship

The overall crypto market cap has declined ~1. 9% over the past 5 days from ~$209b to ~$205b. After being hammered in the past week the S&P 500 has rebounded ~3% and Bitcoin’s correlation with the S&P continued its October downtrend, declining on the week to a semi-weak correlation of .

Nvidia Pulls Out of Crypto Mining Citing Low Revenue, While Bitmain Tops Their Profits

The persistent bearish mood of the crypto market where Bitcoin has slipped below the psychological price point of $8,000 has taken a toll on the stock price of Nvidia. The graphics chip manufacturing giant is considering taking cryptocurrency mining production off its budget.

New Blockchain ETF to be launched on Toronto Stock Exchange

The Toronto Stock Exchange (TSX) will list a new blockchain exchange traded fund (ETF) starting Thursday, Bloomberg reported June 20. ETFs experience price changes throughout the day as they are purchased or sold on a stock exchange.

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AI Tokens Lead Crypto-Market Recovery as Nvidia Hits One-Month High

"We are in an AI super cycle right now," one market observer said.

Fetch AI Fetches Fire – 110% Price Surge Ignites All-Time High

In the volatile world of cryptocurrencies, the recent bullish trend sweeping through the market has not only propelled Bitcoin to new heights but has also catapulted altcoins like Fetch. ai (FET) to unprecedented levels.

Worldcoin Gains 40%, Hits Record High as AI Tokens Surge on Nvidia

The token was up amid broader optimism surrounding AI spilling over into crypto.

Nvidia posts record $18B third quarter revenue, cites generative AI as primary driver

The company posted its record quarter just days after Nvidia stock achieved an all-time high.

Microsoft, Salesforce, and Nvidia swoop in to hire OpenAI employees as walkout threats increase

OpenAI’s future remains uncertain as employees threaten a walkout over the firing of former CEO and co-founder Sam Altman.

Jihan Wu’s Bitcoin mining firm Bitdeer partners with NVIDIA

Blockchain company Bitdeer has become a cloud service provider in the NVIDIA partner network. Bitcoin cloud mining services company Bitdeer Technologies Group has entered into a partnership agreement with NVIDIA to double down on supercomputing resources. In a press release…

Fetch AI (FET) Attracts $4 Million Whale Demand – Is it Linked to NVIDIA Price Bounce?

Crypto whales were spotted stacking 18 million Fetch AI (FET) tokens this week. Will it trigger a FET price bounce? The post Fetch AI (FET) Attracts $4 Million Whale Demand – Is it Linked to NVIDIA Price Bounce? appeared first on BeInCrypto.

Meteoric Bitcoin Rally Won’t Rescue Nvidia’s Flailing Stock

2019-5-17 20:39

Emerald Crypto (EMD) на Currencies.ru

nvidia stock → Результатов: 21

Nvidia Stock Good for Bottom Fishing This Christmas, Citi Group Executive Says

2018-12-15 14:36

“Crypto Hangover” Causes Nvidia’s Stock to Tumble 17%

2018-11-17 21:30

Nvidia Misses Q3 Revenue Target as Cryptocurrency Slump Weighs on Business

2018-11-16 17:30

Nvidia Shares Fall 19% After Company Reveals Q4 Revenue Might Fall Short By $700M Due To Falling Crypto-related GPU Demand

2018-11-16 16:09

Word on the Street: Tether resumes peg but bank relationship still dubious

2018-11-2 14:00

Word on the Street: Tether resumes peg, announces new bank relationship

2018-11-2 14:00

Nvidia Pulls Out of Crypto Mining Citing Low Revenue, While Bitmain Tops Their Profits

2018-8-20 16:07

Nvidia Expects Lower Revenue Due to Demand from Crypto Miners, Stock Price Falls 5%

2018-8-19 22:01

New Blockchain ETF to be launched on Toronto Stock Exchange

2018-6-21 08:53

Toronto Stock Exchange to Trade New Blockchain ETF

2018-6-21 05:47

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