🔹Nvidia's Forecast Sends Nasdaq Sliding
🟢Nasdaq dropped by 0.62% on Thursday after Nvidia's earnings forecast failed to meet investor expectations. Despite reporting better-than-expected quarterly profits, Nvidia (NVDA.O) saw a 3.8% pre-market decline due to a slower revenue growth outlook and shrinking profit margins. This negative sentiment spread to other chip-related stocks, with companies like Broadcom, Qualcomm, and AMD all losing between 0.7% and 1.1%. The Dow Jones and S&P 500 also saw declines of 0.18% and 0.43%, respectively.
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