{"id":132183,"date":"2024-09-06T16:35:20","date_gmt":"2024-09-06T20:35:20","guid":{"rendered":"https:\/\/rbach.net\/?p=132183"},"modified":"2024-09-18T14:10:13","modified_gmt":"2024-09-18T18:10:13","slug":"what-you-could-do-with-the-nvidia-record-loss-this-week","status":"publish","type":"post","link":"https:\/\/rbach.net\/index.php\/what-you-could-do-with-the-nvidia-record-loss-this-week\/","title":{"rendered":"What You Could do with the NVIDIA Record Loss this Week?"},"content":{"rendered":"\r\n

Artificial intelligence <\/strong>bellwether stock NVIDIA<\/a> <\/strong>(NVDA<\/a>) announced its 2025 Q2 fiscal results on Tuesday. America\u2019s second-largest public company<\/a> ended the quarter with $30.04 billion in revenue<\/strong>. However, shares dropped 9.5%, leading to a $278.9 billion reduction<\/strong> in the company\u2019s value.<\/p>\r\n

\"What<\/a><\/p>\r\n

Analysts attribute NVIDIA\u2019s stock decline to its Q3 revenue guidance of $32.5 billion, below the Wall Street \u2018whisper number<\/a>\u2019 of $33 billion to $34 billion<\/a>.<\/p>\r\n

NVIDIA\u2019s $278.9 billion loss is the largest single-day loss by a U.S. company, surpassing Meta\u2019s $237 billion loss<\/a> in February 2022.<\/p>\r\n

Unexpected NVIDIA\u00a0Q3 guidance<\/h3>\r\n

The unexpected Q3 guidance miss triggered a sell-off, likely driven by NVIDIA\u2019s AI chips in trading systems, causing the $278.9 billion decline.<\/p>\r\n

RB-<\/em><\/h3>\r\n

Sure, I could write about an AI Hype Cycle<\/a>, a rickety economy, or a DOJ investigation<\/a> with a 50\/50<\/em> chance of a convicted felon becoming President. But it seemed more fun to put this loss into perspective:<\/p>\r\n