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StockWatch: Nvidia Shares Leap Again after Reporting Record Revenues

StockWatch: Nvidia Shares Leap Again after Reporting Record Revenues
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Why Nvidia (NVDA) Shares Are Trading Lower Today

Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) fell 5.7% in the morning session after equities pulled back, with market participants likely taking profits ahead of a big earnings week. Tech stocks led the decline, with the Nasdaq index down 1% while the SP 500 fell 0.5%. Some of the notable stocks reporting earnings during the week include Walmart (NYSE:WMT), Booking Holdings (NASDAQ:BKNG), and Nvidia (NASDAQ:NVDA).

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