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Goldman Sachs removed Nvidia Corp.  from its Conviction List on Friday, citing increased near-term uncertainty after Thursday's quarterly earnings. The stock has fallen 15.5% since it was added to the list. Q3 results beat EPS estimates with a reported $1.84 but missed on revenue with $3.18B. The report included downside guidance and the absence of cryptocurrency mining, which also took out AMD’s last earnings report.

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2 minutes ago, Meanwhile said:

Goldman Sachs removed Nvidia Corp.  from its Conviction List on Friday, citing increased near-term uncertainty after Thursday's quarterly earnings. The stock has fallen 15.5% since it was added to the list. Q3 results beat EPS estimates with a reported $1.84 but missed on revenue with $3.18B. The report included downside guidance and the absence of cryptocurrency mining, which also took out AMD’s last earnings report.

bubble stock 

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2 minutes ago, Meanwhile said:

Goldman Sachs removed Nvidia Corp.  from its Conviction List on Friday, citing increased near-term uncertainty after Thursday's quarterly earnings. The stock has fallen 15.5% since it was added to the list. Q3 results beat EPS estimates with a reported $1.84 but missed on revenue with $3.18B. The report included downside guidance and the absence of cryptocurrency mining, which also took out AMD’s last earnings report.

AMD & Nvidia wont see the highs again, they did over the last two years, as there has to be a NEW need for everyone to run a purchase a video card....

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Just now, Stephen said:

AMD & Nvidia wont see the highs again, they did over the last two years, as there has to be a NEW need for everyone to run a purchase a video card....

wrong. Nvidia will grow strong from this because of its AI products, memory storage that big companies like amazon, google and apple utilize.

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Just now, Sefko Trafikant said:

wrong. Nvidia will grow strong from this because of its AI products, memory storage that big companies like amazon, google and apple utilize.

It is all about expectations. NVIDIA was priced to perfection in October with an expectation of NVIDIA's gaming segment growing consistently at a 60%-plus rate. That is fiction of course now that they revealed a growth of 13%.

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I'll add it to my 2020 calls. What would you need to buy/add more lol. These are called gifts for traders and long-term investors.

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7 minutes ago, Joanna said:

It is all about expectations. NVIDIA was priced to perfection in October with an expectation of NVIDIA's gaming segment growing consistently at a 60%-plus rate. That is fiction of course now that they revealed a growth of 13%.

Buying time for chip stocks has arrived again, rinse and repeat.

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16 minutes ago, Meanwhile said:

Goldman Sachs removed Nvidia Corp.  from its Conviction List on Friday, citing increased near-term uncertainty after Thursday's quarterly earnings. The stock has fallen 15.5% since it was added to the list. Q3 results beat EPS estimates with a reported $1.84 but missed on revenue with $3.18B. The report included downside guidance and the absence of cryptocurrency mining, which also took out AMD’s last earnings report.

This has never been a crypto stock. Management directly explained this several times and people/analysts STILL don’t get it.

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well, memory prices are dropping affecting profit margins and profits for MU and other memory companies. Cell phone chip demand is off likely until 5g phones and services are widely available. There is likely forward buying by the Chinese that occurred for months in fear of tariffs also which means orders could slow from them soon also. 

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