On October 15, 2024, U.S. stock markets ended lower, with the Nasdaq Composite leading declines amid weakness in semiconductor stocks and the energy sector. Nvidia fell sharply as concerns mounted over AI chip exports, while ASML reported weak forecasts. Defensive sectors like real estate and utilities outperformed, and Fed officials maintained a cautious stance ahead of the expected November rate cut.
Tag: Semiconductor industry
Nvidia Analysis, Everything You Should know Based on The CANSLIM Methodology (2024)
This article explores Nvidia’s performance through the CAN SLIM method, analyzing key metrics such as earnings growth and market leadership to assess its potential as a growth stock.