The Power of Expectations: Nvidia's Earnings and the Market Reaction!
Musings on Markets
SEPTEMBER 5, 2024
That drop of more than $200 billion in market capitalization in response to what looked like good news, at least on the surface, puzzled market observers, though, as is their wont, they had found a reason by day end. There are two interpretations of these results, and there is truth in both of them.
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