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NVIDIA shares rise in premarket trading, while Tesla faces multiple downgrades with Wells Fargo cutting its price target from $200 to $125 due to diminishing demand impact from price cuts. Tesla's stock hits a 10-month low, down 58% from its high. Analysts express concerns about Tesla's growth prospects.
Stock market darling Nvidia headlined broader losses on Wall Street on Thursday as the age-old story of sticky inflation crept its way back to the forefront of investors’ minds. https://t.co/Qex977b6oC
Nvidia is taking over the San Jose McEnery Convention Center to delve into the company's future and how AI will fuel its ambitions. https://t.co/ARRnRWkuRm
CEO Jensen Huang will review the company's next chip at its annual developers conference. https://t.co/7XkHEB7LfA