Nvidia Drops on SoftBank Sale, RealReal Boosts Revenue Guidance, CoreWeave Tumbles
On this episode of Stock Movers: - Nvidia (NVDA) shares drop after SoftBank sold its entire stake in Nvidia for $5.83 billion to help bankroll AI investments. Softbank has sold out of Nvidia once before in 2019, then resumed buying small stakes in Nvidia in 2020. - RealReal (REAL) shares gained as much as 27% on Tuesday, hitting their highest level since December 2021, after the online marketplace for luxury goods boosted its revenue guidance for the full year to beat the average analyst estimate. - CoreWeave (CRWV) shares tumbled after the cloud-computing provider reported its third-quarter…
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