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Bitcoin Hits $99k, Thursday Market Whiplash Following Nvidia Price | Wall Street Today
Blackwell ai chip production increased, nvidia's Q4 guidance is considered conservative
Nvidia's stock price fluctuated on Thursday as investors believed there were controversies surrounding the profit report of this artificial intelligence chip manufacturer. Nvidia's performance in the third quarter, announced on Wednesday night, exceeded expectations, but the current sales guidance was only slightly higher than expected. Nvidia's stock fell in after-hours trading following the third-quarter report. In early trading in today's stock market, Nvidia's stock price fell by over 3%. Earlier in the session, the index rose by nearly 5% to 152.89 points. Most Wall Street analysts are positive about Nvidia's news. After Nvidia released its third-quarter financial report, at least 17 analysts upgraded their ratings for the company.
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