NVDA reports robust third-quarter fiscal 2025 results, but its outlook fails to meet lofty investor expectations. Should investors buy the dip with ETFs?
Nvidia Corp. assured investors that its new product lineup can maintain the company’s AI-fueled growth run, though the rush to get the chips out the door is proving more costly than expected.
Brent crude, the global oil benchmark, rose 1 per cent to trade at $73.6 a barrel while WTI, its US counterpart, rose 1.1 per cent to $69.5 a barrel. The reports also sent gold prices higher.
As such, the S&P 500 and Nasdaq futures are in the red this morning, and we could see a deeper retracement from the ATH levels with the lack of support from Nvidia earnings.