Squawk on the Street

Nvidia Falls Despite Q2 Beat, Salesforce Jumps, "Green" Apple 8/29/24

Aug 29, 2024
Nvidia's stock took a nosedive despite exceeding earnings expectations, revealing investor hesitation regarding the AI boom's future. Meanwhile, Salesforce thrived with better-than-expected results and an optimistic outlook. Apple saw a boost fueled by favorable Wall Street calls and reports on iPhone orders. Retail tales unfolded with Dollar General's significant decline contrasted by Best Buy's impressive surge. Insights into corporate strategies and competition highlight the evolving dynamics within tech and retail sectors.
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