"Nvidia's Earnings Slide Impacts Stock Market, Cybersecurity Leader Remains Bullish"

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Source: Investor's Business Daily
"Nvidia's Earnings Slide Impacts Stock Market, Cybersecurity Leader Remains Bullish"
Photo: Investor's Business Daily
TL;DR Summary

The stock market trimmed its gains as Nvidia's stock stumbled after its earnings report, causing the Nasdaq composite to reduce its gain to 0.3% and the S&P 500 to trim its gain to 0.4%. Nvidia's shares tumbled 2.7% in heavy trading, while Palo Alto Networks climbed above its buy point in a flat base. Jobless claims fell and durable goods orders were worse than expected. Energy was the weakest sector, while Deere and Autodesk saw their stocks tumble after their earnings reports. Guess also plunged after missing earnings estimates and slashing its forecasts.

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