Nvidia Stock Just Did Something It Has Never Done Before. History Says the AI Stock Could Do This Next.

Nvidia’s monster third quarter, bullish guidance, and multi-trillion dollar potential was not enough to satisfy Wall Street. Similar to what happened last quarter, the world’s largest stock ticked more than two percent lower in overnight trading following the blowout earnings report:

Nvidia reported fiscal third-quarter earnings after Wednesday's closing bell. MarketWatch will be breaking down the results.

Certain research has shown that investors tend to put too much faith in past earnings. Over time, this leads to a stock being overbought in the lead-up to an earnings release and a short-term dip after the release. What Nvidia is experiencing is very normal.

Options traders price in Nvidia's quarterly results as a more pivotal event for the broader market than the upcoming interest rate decision or the monthly inflation and jobs reports.

Nvidia shares moved higher in premarket trading Thursday after the AI investor favorite released results and an outlook that surpassed Wall Street expectations. Monitor these important chart levels.

Prospects of tax cuts and deregulation under a second Trump administration have helped fuel Nvidia’s November rally. Traders remain bullish as ever, shrugging off a report earlier this week about overheating issues with Nvidia’s new Blackwell chips.

What Nvidia investors should know about earnings.

If the still-rapid growth of artificial intelligence isn’t pushing the market higher right now, something else will have to do it.

Despite nearly doubling sales year-on-year, Nvidia's third-quarter results show a slowdown from previous quarters.