That's a $1.4 trillion+ swing in Nvidia's market cap in just over a month.
That's also more than the value of most countries' entire stock market.
Volatility is officially back and on the rise.
Follow us @KobeissiLetter for real time analysis as this develops.
— The Kobeissi Letter (@KobeissiLetter) July 31, 2024
BREAKING: Intel stock, $INTC, crashes over 12% after reporting Q2 2024 earnings and suspending their dividend.
They reported EPS of $0.02, below expectations of $0.10, on revenue of $12.8 billion, below expectations of $12.9 billion.
Intel also announced that they will be… pic.twitter.com/mxbtsjpgfU
— The Kobeissi Letter (@KobeissiLetter) August 1, 2024
https://twitter.com/RJRCapital/status/1819105331873472581
INTEL CORP
OH, MY !!! pic.twitter.com/DJ1aWzkNdf
— The Great Martis (@great_martis) August 1, 2024
Semiconductors.
What LEADS fake bull markets, ENDS them .
Pay attention . https://t.co/VOdFEPkQ3A pic.twitter.com/xVtTLaa5Ov
— The Great Martis (@great_martis) August 1, 2024