#HuangExitNvidiaStrategyInFocus
🔄 Down 16%, Closed -4.3%: Nvidia's First Day Without Huang
Dip buyers cut the loss by the close, and Nvidia now heads into Nov 17 earnings with its CFO also acting as CEO.
📉 NVDA fell as much as 16%, then closed -4.3% at $166.19
📊 734M shares traded, about 5x its 3-month average
🏦 ~12x expected earnings, the lowest valuation since 2012
📅 Kress stays CFO while interim CEO; earnings due Nov 17
The catch: a 12x multiple only looks cheap if Nov 17 guidance holds.
NVDA above or below $166 a day after Nov 17 earnings? 👇
$NVDA $BTC
#Nvidia #AI #HuangExitNvidiaStrategyInFocus
🔄 Down 16%, Closed -4.3%: Nvidia's First Day Without Huang
Dip buyers cut the loss by the close, and Nvidia now heads into Nov 17 earnings with its CFO also acting as CEO.
📉 NVDA fell as much as 16%, then closed -4.3% at $166.19
📊 734M shares traded, about 5x its 3-month average
🏦 ~12x expected earnings, the lowest valuation since 2012
📅 Kress stays CFO while interim CEO; earnings due Nov 17
The catch: a 12x multiple only looks cheap if Nov 17 guidance holds.
NVDA above or below $166 a day after Nov 17 earnings? 👇
$NVDA $BTC
#Nvidia #AI #HuangExitNvidiaStrategyInFocus
