Nvidia (NVDA) Stock: Amazon AI Deal and Strong Earnings Support Rebound
TLDR Nvidia stock rebounds to $212.95 after five straight sessions of declines Tuesday. Amazon orders two million Nvidia processors for its expanding warehouse robots. Nvidia posts $96 billion revenue and beats Wall Street’s quarterly estimates. Needham lifts third-quarter forecasts and keeps a $300 Nvidia price target. Shares retest the 50-day average after Monday’s sharp technical [...]
The post Nvidia (NVDA) Stock: Amazon AI Deal and Strong Earnings Support Rebound appeared first on Blockonomi.
Source: Source: Blockonomi