From TradingView · · 30s
Nvidia Earnings Crash
Nvidia's GAAP income drops 50% as equities crash.
In brief
Nvidia's GAAP income drops 50% as equities crash. Nvidia's GAAP profits fell 50% due to equities losing over $25bn in value. Originally reported by TradingView.
Nvidia Earnings Crash
Nvidia's GAAP income drops 50% as equities crash.
Equities Down $25bn
Last quarter 24% of Nvidia's GAAP profits were paper gains on equities.
Earnings Crash Impact
This will nearly cut Nvidia's GAAP income by 50% and drag down Google's stock.
The headline
Nvidia's GAAP profits fell 50% due to equities losing over $25bn in value.
