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Nvidia's (NVDA) highly anticipated earnings release delivered. The company's financial metrics blew past Wall Street's expectations, sending shares soaring nearly 20% in the three days after its earnings release.
But the widespread stock market rally many thought would follow didn't happen. The S&P 500 (^GSPC) is now off more than 0.5% since the chipmaker's earnings release after the closing bell on May 22. To Evercore ISI's Julian Emanuel, this brings an end to a yearlong trend of Nvidia's sto...
>>> Read more: Why Nvidia's stock surge doesnât bode well for the market
But the widespread stock market rally many thought would follow didn't happen. The S&P 500 (^GSPC) is now off more than 0.5% since the chipmaker's earnings release after the closing bell on May 22. To Evercore ISI's Julian Emanuel, this brings an end to a yearlong trend of Nvidia's sto...
>>> Read more: Why Nvidia's stock surge doesnât bode well for the market
