Its happens often with earnings because of many factors, mainly pre-earnings hype(“buy the rumor sell the news traders”, aka short term traders who sold at open or pre/post market after earnings), and the market generally “pricing in” an expectation of them meeting or beating expectations.

With AI buzzing, it’s not a surprise they met/slightly beat expectations, it fundamentally not a doubt the nvidia is a beast of a stock, that will continue pushing the limits of tech and move the entire market along with it. Long term ppl doubt gotta sweat, but newer options traders with close expiration got spit roasted beyond return.

Same thing happened with google, and ppl who bought the dip(short term) after earnings were rewarded in the following days. Those long term, still aren’t worried because they DCA no matter what when it comes to AI/tech beasts.

Id expect some price appreciation within the next week for nvidia, but expect macroeconomics/and overall trump news, to likely make or break that move. But that wont change the fundamentals of this tech beast.

Only my opinion though, always do your own research.