⚠️NVIDIA MOMENTUM IS FADING⚠️ NVIDIA announced it expects revenue of $37.5 billion in Q4 which is $400 million above expectations, the SMALLEST margin in at least 2 years. By comparison, the Fiscal 2Q 2024 sales expectations were beaten by $3.8 BILLION👇 https://t.co/7YVMN1jtUP
$NVDA Pulled the market down from highs MTF break down puts wen ham @TENETTRADEGROUP https://t.co/xV4Aggo2U3
$NVDA weak, bringing down the $QQQ


NVIDIA's stock performance is under scrutiny as it holds above $144, but market analysts express caution regarding its momentum. The company has announced an expected revenue of $37.5 billion for Q4, which is $400 million above expectations, marking the smallest margin in at least two years. This comes after a significant beat of $3.8 billion in Fiscal Q2 2024 sales expectations. Analysts note that NVIDIA's recent performance has impacted the broader market, pulling down the Nasdaq-100 index, represented by the QQQ ETF. Some traders are speculating on potential breakdowns in stock patterns, indicating a mixed sentiment in the market.