Stocks end lower after Caterpillar, Nvidia stoke China growth fears
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Two major companies on Monday — Caterpillar and Nvidia — blamed China for poor earningsCaterpillar said that demand for its equipment in China declined in the fourth quarter, a bad omen for the global economy.
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Poor outlooks from Caterpillar and Nvidia hit the markets--here's what four experts are watching nowPoor outlooks from Caterpillar and Nvidia hit the markets hard, as investors worried about the impact of a ‘deteriorating’ Chinese economy. Here’s what four experts are watching now.
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Dow drops 300 points after poor outlooks from Caterpillar, NvidiaStocks fell sharply at the open as investors fretted over weak earnings from Caterpillar and a big cut in revenue guidance from chipmaker Nvidia.
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Nvidia Lowers Guidance on Weakness in Gaming, Datacenter BusinessesShares of Nvidia Corp. fell more than 15% after the chipmaker on Monday lowered its fourth-quarter guidance following weaker-than-expected sales from its gaming and datacenter divisions.
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Nvidia warned of weak earnings, and now more chip stocks are fallingNvidia fell after it lowered its revenue guidance for its fourth quarter 2018 Monday.
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