Stock Market Plunges After Nvidia Earnings
Nvidia's quarterly earnings beat sparked a decline in the stock market, with the S&P 500 falling more than 1.6% and the Nasdaq Composite dropping 2.8%. Investors dig into Nvidia's earnings report, which signaled plenty of scope for growth despite initial concerns about DeepSeek and faltering AI demand. The results were met with a muted response as profit outlook raised doubts on Wall Street.
- This market downturn serves as a reminder that even when corporate reports surprise expectations, economic fundamentals can still hold back investor sentiment.
- As investors struggle to reconcile the disconnect between earnings growth and broader economic indicators, will the Fed's next move provide clarity on interest rates, or exacerbate existing uncertainty?