Shares in Nvidia skidded Thursday, despite the huge chip maker posting a jump in profit and record quarterly sales. The stock fell 5.5%, a move that erased $259 billion in market cap from the company,

Wall Street saw a hefty tech sell-off led by Nvidia despite the company beating analyst expectations, highlighting investor demands.

Nvidia's stock is selling off for the second straight quarter in the face of a massive beat. The stock opened lower and is trading down nearly 3%. Shares had a similar post-earnings reaction to the prior quarter's report as well.

Live Updates Here’s What Analysts Expect from Dell Tonight 41 minutes ago Live After the closing bell, Dell will post its fourth-quarter numbers.  At the moment, analysts expect strong results driven by AI infrastructure growth,

Shares of artificial intelligence chipmaker Nvidia ( NVDA 5.55%) slipped Thursday, following the company's fiscal fourth-quarter results. Apparently, 73% revenue growth and a near-doubling of its earnings per share weren't enough to please the Street. Even the company's guidance was spectacular.

Feb 26 (Reuters) - U.S. stock index futures were muted on Thursday as Nvidia's stellar quarterly results garnered a lukewarm response from investors and downbeat earnings from software company Salesforce weighed on sentiment.

AI panic has erased more than $1 trillion from tech stocks. This analysis explains why the selloff is accelerating and what Nvidia’s earnings mean for investors.

But it gets better. Wall Street's consensus estimates (provided by Yahoo! Finance) suggest Amazon will grow its earnings to $7.75 per share in 2026, and then to $9.39 per share in 2027. That places its stock at forward P/E ratios of 26.6 and 22.1, respectively.