financial guidance

  1. cageymaru

    SoftBank Dumped Its NVIDIA Stock

    The SoftBank Vision Fund has become soft on NVIDIA as it has reportedly sold all of the $3.63 billion in shares it had invested in the company. NVIDIA has seen its share price cut in half over the past 4 months and recently cut its financial guidance for Q4 2019. In its third-quarter earnings...
  2. cageymaru

    NVIDIA Stock Tanks 15% as the Company Cuts Q4 2019 Financial Guidance

    NVIDIA has updated its Q4 2019 financial guidance where it lowered its Q4 2019 revenue from $2.7 billion to $2.2 billion. This is due to slowdowns in both the Gaming and Datacenter sectors. NVIDIA admits that higher prices for high-end Turing GPUs has negatively affected sales as "macroeconomic...