Weekly Roundup: Nvidia Whipsaws, Alphabet Gains, Ross Stores Climbs
On this episode of Stock Movers, we look at some of the week's biggest gainers and decliners:- Nvidia (NVDA) after an initial rally following Wednesday's upbeat earnings, shares fizzled the next day with investors shrugging off the stronger-than-expected revenue forecast and assurances that the AI economy isn’t in a bubble. The broader market also declined, weighed down by AI fears and concerns over whether the Federal Reserve will cut rates in December. But on Friday, shares spiked again on reporting from Bloomberg that US officials are having early discussions on whether to let Nvidia…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.