Mag 7 Earnings Outlook Improves: A Closer Look
Nvidia’s NVDA beat-and-raise quarterly results have eased the market’s AI-centric worries for now, but the issue is unlikely to go away completely. The chipmaker has been a big beneficiary of the ongoing AI-focused spending surge, as it is Nvidia’s graphics processing units that are running the datacenters. The stock has lost ground as the aforementioned…