Part 5/6:
Market analysts noted a muted reaction to Nvidia’s earnings report, with stock movement reflecting a slight decrease of 0.41% after hours. This lack of significant volatility was surprising given the pre-earnings volatility that had suggested a possible 10% movement based on options markets.
Jared Blicker, a market analyst, emphasized that Nvidia has shown a historically sideways chart over the last year, indicating a period of stalling growth after their previous meteoric rises over the last couple of years. The present trading range suggests that significant movements might be imminent, indicating potential tests of either end of the trading spectrum in the coming days.