When Nvidia sneezes, the stock market catches a cold
Update: 2024-11-21
Description
Nvidia is the most valuable company on the S&P 500 index, and Wednesday’s earnings report would be the envy of most companies. The chipmaker saw its sales double compared to a year ago, reporting $19 billion in profit. But its stock price dipped after the earnings report came out. Also on today’s show, U.S. federal prosecutors charge one of the world’s richest men with fraud, and Spirit Airlines joins a long list of carriers that have filed for bankruptcy over the years.
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