Nvidia Rises, CrowdStrike Fall, and Best Buy Tumble on Tariff Impact
On this episode of Stock Movers:
- Nvidia (NVDA) shares rose after the company gave a revenue forecast of roughly $54 billion for the fiscal third quarter, in line with the average Wall Street estimate but lower than some analysts' projections.
- CrowdStrike (CRWD) shares fell after the company reported strong results but narrowly missed analysts' estimates for sales in the current quarter, with sales for the third quarter expected to be as much as $1.22 billion.
- Best Buy (BBY) shares drop after the company reaffirmed its full-year financial guidance due to the uncertainty of potential tariff impacts on consumers and its business.
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