Nvidia Stock Pivots Lower Despite Upbeat Results

Group 1 - Nvidia Corp's shares decreased by 4% to $126.09, despite reporting better-than-expected earnings and revenue for Q4 and a strong outlook for the current quarter [1] - Micron Technology initially saw a boost from Nvidia's report but was last seen trading lower, while Intel continues to benefit from easing concerns regarding AI demand and competition from DeepSeek in China [2] - Options trading activity for Nvidia has significantly increased, with 882,000 calls and 628,000 puts exchanged, which is double the typical volume [3] Group 2 - Options traders have shown increased bullish sentiment, as indicated by Nvidia's 50-day call/put volume ratio of 2.41, which is higher than 86% of annual readings [4] - Despite a year-over-year gain of 66.7%, Nvidia's stock is slipping below its 200-day moving average and distancing itself from its all-time high of $153.13 reached on January 7 [4]