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Snap Gets Crushed Again, Nvidia Bubble Explodes - Hot Tickers SNAP, NVDA JCP


While products, data centers, gaming and cryptocurrency traders drove results in the quarter, CEO and co-founder Jensen Huang pointed to the coming era of robot taxis and self-driving cars that Nvidia would power.


Spectacles were announced last September to great fanfare and via some quirky, yellow vending machines that popped up randomly around the country.


Snap CFO Drew Vollero noted on Thursday that the company's other revenues came in at $5.4 million, of which a "substantial amount" was driven by Spectacles.


The Action Alerts PLUS portfolio, which Cramer manages as a charitable trust, already owns some Apple shares, but rates the company as a "Two."


Click here for a free 14-day trial subscription to Action Alerts PLUS and hear all of the latest call, plus get e-mails before Jim makes any trade and enjoy lots of other exclusive material.




READ MORE (TheStreet.com)


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This post first appeared on The 5th News, please read the originial post: here

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Snap Gets Crushed Again, Nvidia Bubble Explodes - Hot Tickers SNAP, NVDA JCP

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