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Nvidia Stock Is Down After Big Tech Reports Earnings -- Could Artificial Intelligence (AI) Spending Be Slowing Down?

Nvidia stock price is hovering near the low $400s.

By Jose Najarro – Oct 27, 2023 at 9:00AM EST

In today's video, I discuss recent updates affecting Nvidia (NVDA 2.17%) and recent commentary from Alphabet (GOOGL 2.30%) (GOOG 2.49%), Microsoft (MSFT 2.51%), and Meta Platforms (META 3.91%). Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the market prices of Oct. 26, 2023. The video was published on Oct. 26, 2023.

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About the Author

Jose Najarro
Jose Najarro enjoys investing in the tech market, more importantly, the semiconductor sector. Before partnering with the Fool, Jose worked as a Senior Electrical Engineer for General Dynamics, where he had first-hand experience seeing how emerging technology can change the world. Jose Najarro went to NJIT, receiving his Bachelor's and Master's degree in Electrical Engineering.
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Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Jose Najarro has positions in Alphabet, Meta Platforms, Microsoft, and Nvidia. The Motley Fool has positions in and recommends Alphabet, Meta Platforms, Microsoft, and Nvidia. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

Nvidia Stock Quote
Nvidia
NASDAQ: NVDA
$167.59
(-2.13%)-$3.66
Microsoft Stock Quote
Microsoft
NASDAQ: MSFT
$357.04
(-2.44%)-$8.93
Alphabet Stock Quote
Alphabet
NASDAQ: GOOGL
$274.47
(-2.30%)-$6.45
Meta Platforms Stock Quote
Meta Platforms
NASDAQ: META
$526.14
(-3.91%)-$21.40
Alphabet Stock Quote
Alphabet
NASDAQ: GOOG
$273.76
(-2.49%)-$6.98

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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