
Stock Market Today: Nvidia Slips Despite Strong Earnings and Guidance

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Nvidia (NVDA) closed down 0.82% at $180.12 despite strong earnings and guidance, with trading volume significantly above average. The chipmaker's revenue surged 56% year-over-year, exceeding estimates, but management did not include H20 AI chip sales to China in its outlook due to geopolitical issues. Broader markets rose, with the S&P 500 and Nasdaq Composite gaining. Investors are keenly watching for developments on China chip approvals as a potential catalyst for Nvidia shares.
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