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Nvidia Stock Sinks Despite Bullish Q3 Report

Nvidia (NVDA) briefly lifted AI stocks after the artificial intelligence chip giant reported better-than-expected fiscal third-quarter results and guidance. Nvidia stock initially jumped Thursday on the news before reversing. Nvidia announced late Wednesday adjusted earnings of $1.30 a share on sales of $57 billion in the quarter ended Oct. 26. Analysts polled by FactSet had expected Nvidia to earn an…

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