Nvidia's Rally Fades, Walmart Rises on Results, Oracle Drops
On this episode of Stock Movers: - Nvidia (NVDA)'s shares shares fizzled on Thursday after investors shrugged off a stronger-than-expected revenue forecast and assurances that the AI economy isn’t in a bubble. After initially climbing more than 5%, the stock fell as much as 2.8% to $181.25 in New York. The broader market also declined, weighed down by AI fears and concerns over whether the Federal Reserve will cut rates in December. - Walmart (WMT) raised its full-year sales and profit outlook, a sign the world’s biggest retailer is winning over price-sensitive shoppers while…
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