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Markets try to shrug off NvidiaU.S. markets were mixed Thursday. The Dow Jones Industrial Average hit a new closing high, but the other two major indexes didn’t fare as well. Asia-Pacific markets bucked the trend, climbing Friday. Hong Kong’s Hang Seng index was the top performer, rising 1.8%. Separately, Tokyo’s August inflation rose to 2.6%, the highest since March.
Outsized expectations Nvidia shares lost around 6% Thursday despite the chipmaker posting quarterly revenue that was more than two times the figure a year earlier and the company announcing a $50 billion stock buyback, which usually pushes up share prices. That shows just how high investors’ expectations for Nvidia were.
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