Over the last couple of months, many companies in the crypto space closed shop while others suffered huge losses. The bear market seems to be the scapegoat for most organizations such as Nvidia. These companies claim that the decrease in cryptocurrency activities caused them to lose more than they anticipated. While this might be true … Continue reading “Nvidia Stock Drop Not to be Blamed on Crypto Bear Market”
Nvidia (NDVA)
Nvidia Revenue Suffers From Crypto-Mining Decline
The bearish year has been unkind to tech company Nvidia. The mining boom drop off left them backlogged with an outdated, mid-range product. Their Q3 revenue fell short of expectations. Additionally, they anticipate problems to continue into Q4. Consequently, Nvidia (NDVA) stock fell siginificantly. Nvidia’s main products are graphics cards. In case you aren’t familiar, … Continue reading “Nvidia Revenue Suffers From Crypto-Mining Decline”