“Stocks” didn’t plunge, CAT and NVDA plunged.
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Two major companies on Monday — Caterpillar and Nvidia — blamed China for poor earningsCaterpillar said that demand for its equipment in China declined in the fourth quarter, a bad omen for the global economy. So when do these people blame themselves? To trade or not to trade. That's what happens when you cut off the free welfare money. The U.S. will not subsidize Chinese growth anymore.🇺🇸
Source: CNBC - 🏆 12. / 72 Read more »
Dow drops 300 points after poor outlooks from Caterpillar, NvidiaStocks fell sharply at the open as investors fretted over weak earnings from Caterpillar and a big cut in revenue guidance from chipmaker Nvidia. “ Each day of the MadKing’s reign was worse than the one before.” Game of Thrones Blame Trump And CNBC is trilled to report this. See they hope that the left will get on their band wagon and blame President Trump. Yesterday they mentioned I thought very snarky “ Yes President we will be watching earnings “
Source: CNBC - 🏆 12. / 72 Read more »
Nvidia plunges after warning conditions in China lead to 'an extraordinary, unusually turbulent' quarter (NVDA) | Markets InsiderNvidia plunges after warning conditions in China led to 'an extraordinary, unusually turbulent' quarter (NVDA) It is a gaming company, china conditions make no sense when you sell majority GPUs
Source: BusinessInsider - 🏆 729. / 51 Read more »
Nvidia warned of weak earnings, and now more chip stocks are fallingNvidia fell after it lowered its revenue guidance for its fourth quarter 2018 Monday. Meh—the product is fine It will work itself out OphirGottlieb CMLviz what happened here? I thought they stated there were no issues in China. Who’s gonna power my games?!?! The backup intel processor?!?! NOOOOOOOO!!!!!!!! 👿 nvidia nvidia
Source: CNBC - 🏆 12. / 72 Read more »
Nvidia stock tumbles after warning of huge revenue missNvidia Corp. shares are plunging in Monday morning trading after the company warned that it would miss holiday-quarter revenue expectations by a wide margin due to “deteriorating macroeconomic conditions.” bitcoin burst
Source: MarketWatch - 🏆 3. / 97 Read more »