Nvidia Stock (NVDA) Selloff Snowballs as Market Cap Shrinks by $266B on New Export Rules
Nvidia (NVDA) stock fell nearly 3% in yesterday’s trading session, extending a 7% drop from the previous day, after the Trump administration banned exports of its H20 AI chips to China. As a result, NVDA now expects a $5.5 billion revenue hit in Q1 due to the inability to fulfill large orders from Chinese tech giants like ByteDance and Alibaba (BABA).
Read MoreThe Burst
Forget Netflix & Disney, The Streaming Winner Is…
Who will win the streaming wars? Netflix got off to a great start as the first company to break 100 million and 200 million subscribers. Then Disney caught up, and eclipsed Netflix’ subscriber base last quarter. But they’re not alone. Roku, Apple and Amazon all have offerings to woo consumers. And yet there is a good chance,
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Read MoreThe Ivy
Market Commentary: 1 Dividend Stock To Hold Forever
Farming stocks. It’s not the first place most investors think of when scouting for opportunities but in the agricultural world we discovered a stock that has all the hallmarks of being a great hold for the long term, Tractor Supply Company.
Unlike the high-flying financial technology stocks that grabbed headlines after posting record-breaking revenue growth rates during the 2020-21 era only to plummet back to earth in 2022-23,
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