I feel like this is just like the Apple overvaluation, everyone bought onto the 'Cryptocurrency is going to last forever!' trend, not foreseeing that if it didn't, a massive flood of used graphics cards was going to hit the market.
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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 »
Poor outlooks from Caterpillar and Nvidia hit the markets--here's what four experts are watching nowPoor outlooks from Caterpillar and Nvidia hit the markets hard, as investors worried about the impact of a ‘deteriorating’ Chinese economy. Here’s what four experts are watching now. Bitcoin. OTC_Bitcoin frogbear2 “Stocks” didn’t plunge, CAT and NVDA plunged.
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 »