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Podcast: The Afternoon Update with Lynlee Foo
Episode: Money in the Market: What can we expect from Nvidia's eagerly-anticipated earnings report?
Description: August hasn’t been a great month for technology stocks. Before the start of this week, the Big Tech companies, notably Apple, Nvidia, Meta and Microsoft fell at least 10 percent from their highs in July. Tesla, meanwhile, declined by more than 25 percent in that period. Yesterday, however, Nvidia's shares soared as more analysts raised their price targets on the stock, a potential sign of growing optimism about the chipmaker’s highly anticipated earnings results later this week. The other major players too, reported gains overnight. So is this merely a brief respi...