Tech Stocks Decline Even with Nvidia's Strong Performance, Walmart Rises 6%: Market Movers on Thursday
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: benzinga_crypto
Updated: Nov 20 2025Nvidia's Earnings Report: Nvidia Corp. reported $57 billion in quarterly revenue and earnings of $1.30 per share, surpassing expectations, but its stock fell 1.8% by midday due to a broader market downturn.
Market Reaction: Major indexes, including the Nasdaq 100 and S&P 500, experienced declines as a stronger-than-expected U.S. jobs report dampened hopes for a December rate cut by the Federal Reserve.
Walmart's Performance: Walmart Inc. stood out in the S&P 500, rising 6% after exceeding earnings expectations and raising its guidance, positively impacting the Consumer Staples sector.
Tech Sector Struggles: The tech sector continued to lag, with chipmaker stocks dropping 2% and a significant bearish sentiment emerging in crypto markets.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
