Nvidia Slides 5_5% Amid Inflation Concerns
Monday's rebound gave some back today.
Hot October inflation cooled the rally, Nvidia slid 5.5%, and after the bell the AI trade split in two. CoreWeave beat and raised its outlook while Rigetti missed badly.
Here are 4 worth researching. 👇
📌 The Watchlist
1. Nvidia | $NVDA: The chip leader fell 5.47% to $168.89, the biggest drag on the Nasdaq. Reports of a board investigation involving CEO Jensen Huang added to the pressure, and Nvidia reports earnings November 17.
2. CoreWeave | $CRWV: The AI cloud provider reported Q3 revenue of $3.66 billion, up 168% from a year ago and above estimates near $3.56 billion. Backlog reached $132.5 billion and the company raised full year 2026 revenue guidance to $13.0 to $13.3 billion. It still lost $709 million in the quarter, or $1.27 per share, as interest and buildout costs stayed heavy.
3. Rigetti Computing | $RGTI: The quantum computing company reported Q3 revenue of $1.4 million, well below the $3.6 million estimate and down 27.5% from a year ago. Shares fell about 8% after hours.
4. D-Wave Quantum | $QBTS: The quantum company reported Q3 revenue of $4.5 million, up 21% and above estimates, but bookings fell 19% to $1.9 million. Shares fell 8.63% in the session.
📌 The Part Worth Saving
A beat is a reason to research a stock. It is not a reason to buy blindly.
Look for:
- Revenue growth that comes with real demand, not just backlog
- Losses and interest costs that shrink as revenue scales
- Bookings and guidance, not just the headline beat
- Whether the business can fund its own buildout
The best question: When a stock beats on revenue but still loses money, what would convince you the growth is real?
Education only, not financial advice.
