US stock futures dip as Nvidia earnings spark little cheer
Investing.com - Core Scientific reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Core Scientific announced earnings per share of $-1.23 on revenue of $162.6M. Analysts polled by Investing.com EPS of $-0.28 on revenue of $140.3M.
Core Scientific 's are down 98% and is trading at $0.14 , still down 98.98% from its 52 week high of $13.70 set on Monday, November 29, 2021.
Core Scientific follows other major Information Technology sector earnings this month
Core Scientific's report follows an earnings missed by NVIDIA on Wednesday, November 16, 2022, who reported EPS of $0.58 on revenue of $5.93B, EPS of $0.71 on revenue of $5.8B.
Cisco had beat expectations on Wednesday, November 16, 2022 with first quarter EPS of $0.86 on revenue of $13.6B, for EPS of $0.84 on revenue of $13.29B.
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