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2018-08-18 08:00:50

Crypto Mining Decline Deals Blow to Nvidia Bottom Line

Due to the ongoing decline in cryptocurrency mining, Nvidia Corp. shares dropped 5% on Friday to close the day at $244.82, down from $257.44 on Thursday. Analysts for the company are estimating third-quarter earnings of between $3.19 and $3.32 billion. The drop follows a Wednesday-to-Thursday loss of nearly 6.5% for the US-based GPU manufacturer. The...The post Crypto Mining Decline Deals Blow to Nvidia Bottom Line appeared first on Live Bitcoin News.