Stock Market Today: Nvidia Revenue Warning Weighs on Stocks
by Karee Venema
Aug 08, 2022
2 minutes
Stocks ended Monday with a whimper as a solidly higher open lost momentum throughout the trading day.
Disappointing earnings announcements from a pair of tech names created selling pressure for the broader market. Most notably, () shed 6.3% after the chipmaker said its second-quarter revenue will likely come in at $6.7 billion – lower than the $8.1 billion it previously guided for – amid a 33% year-over-year decline
You’re reading a preview, subscribe to read more.
Start your free 30 days