Nvidia Shares Drop Despite Strong AI Chip Demand and Quarterly Sales

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Source: Bloomberg.com
Nvidia Shares Drop Despite Strong AI Chip Demand and Quarterly Sales
Photo: Bloomberg.com
TL;DR Summary

US stock futures declined after Nvidia's sales outlook missed expectations, raising concerns about slowing AI investment growth, while Chinese companies like Meituan faced losses amid fierce competition. Global markets showed mixed signals with declines in tech and Chinese stocks, a slight drop in the dollar, and bond yields fluctuating, reflecting cautious investor sentiment amid geopolitical and economic uncertainties.

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