Nvidia stock experienced significant volatility during Monday’s trading session, closing up 3.5% after fluctuating as much as 7.9% higher and 8.2% lower. The market reacted to news on tariffs, initially plummeting before recovering slightly, with the S&P 500 down 0.3% and the Nasdaq Composite up 0.1%. Despite uncertainties surrounding tariffs and global economic conditions, Nvidia’s outlook remains uncertain, with potential impacts on customer spending and continued high levels of stock volatility expected.
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Why Brinker International Stock Was Tumbling Today
Shares of Brinker International, the parent company of Chili's, dropped 14% despite reporting strong third-quarter growth, with comparable sales at Chili's up 31% and revenue rising 27.2% to $1.43 billion. CEO Kevin Hochman attributed the success to excellent food and service, but investors were disappointed by guidance that fell short of expectations, even as the company raised its full-year revenue and adjusted EPS forecasts. Although Brinker has demonstrated significant demand for Chili's, concerns linger about...
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