Day: December 9, 2019

Nvidia hopes to dismiss lawsuit claiming it misled investors about cryptocurrency cash
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Nvidia hopes to dismiss lawsuit claiming it misled investors about cryptocurrency cash

Nvidia is seeking a California federal judge throw out claims that it misled investors regarding revenue from the massive crypto-boom, and subsequent bust, over the course of 2017/18. The company claims that analysts and investors “cherry-picked information” regarding its revenues – moments prior to the company’s share price plummeting – and that it was upfront about the risks associated with the temperamental mining gold rush. read more