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Gaming stocks, November 9 evening — Nvidia falls in early trading as AMD rises

AP reported Nvidia down 6.3% and AMD up 5.5% early in the US session. Nintendo closed about 5.2% higher in Tokyo.

Barak Eliyahu – site manager of The Checkpoint Daily

Nvidia CEO Jensen Huang holds a GeForce RTX 4090 graphics card
Image: NVIDIA, via NVIDIA Newsroom

Nvidia shares fell 6.3% and AMD shares rose 5.5% in early U.S. trading on Monday, November 9. At 16:35, the Nasdaq Composite was up 1.4% and the S&P 500 was up 1.1%. AP market report

The day before, Nvidia’s board announced an independent investigation following reports that company founder and CEO Jensen Huang had been targeted by a foreign intelligence effort. A committee of independent directors will oversee the inquiry with help from outside counsel. The board said it had no reason to believe U.S. national security or company secrets had been compromised. Huang supports the inquiry and has committed to cooperating, according to the statement. Nvidia board statement

Nintendo in Tokyo and Take-Two’s results

Nintendo shares closed about 5.2% higher in Tokyo. Trading Economics market report

Take-Two, which owns Rockstar Games, plans to report its fiscal 2027 second-quarter results after the U.S. market closes at 23:00. Its investor call is scheduled for 23:30. Take-Two investor announcement

This column is a journalistic summary only and is not investment advice or a recommendation to buy, sell or hold any security. The writers and the site owner have no personal interest in the companies in this column and hold no shares in them. This information is not a substitute for investment advice that takes into account each person’s data and needs.

Source: AP News(opens in a new window)

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