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Why Nvidia, Snowflake, and Roku Stocks Slumped Thursday Morning

Why Nvidia, Snowflake, and Roku Stocks Slumped Thursday Morning

While the U.S. has hit many of the benchmarks that signify an economic downturn, other metrics have defied the trend, leading many to debate whether the economy is actually in a recession. A key economic indicator released early Thursday seemed to tip the scales toward those arguing that it is in a recession. To be clear, there was very little in the way of company-specific news driving these technology stocks lower.