The Nvidia (NVDA) effect on stock markets is starting to wane. The AI chip giant lifted the S&P 500 (SPY) and Nasdaq (QQQ) to record highs. However, in the last few days, 0.5% to 1.0% declines are adding up. The Nasdaq potentially peaked at close to 17,000. Salesforce (CRM) lost 20% of its value and UiPath (PATH) fell by 34%, shaking the market’s confidence.
Investors have three more stock warnings to consider.
MongoDB (MDB) reported earnings per share of $0.51 (non-GAAP). At an annualized $2.00 EPS, the 155 times forward price-to-earnings is too high. MDB stock will open at $230.00, down by over 25%. The database software firm posted revenue growing by 22.3% Y/Y. For 2025, it issued a revenue forecast of $1.88 billion to $1.90 billion. Analysts expected at least $1.94 billion.
Dell (DELL) overhyped its pre-earnings results when it posted non-GAAP EPS of $1.27. Revenue grew by a tepid 6.2% Y/Y to $22.2 billion. Client Solutions Group (“CSG”) revenue did not grow Y/Y. However, commercial revenues increased by 3% Y/Y.
Dell grew at a rate slower than that of inflation.
Nutanix (NTNX) lost 23.1% of its value on Thursday. The firm is back to losing money in the quarter. Fortunately, it is taking Broadcom’s (AVGO) VMware business. This will take several quarters before showing up in its results.
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