Why the once-invincible Nvidia can't save the AI trade

Core Insights - The artificial intelligence trade was showing signs of weakness prior to Nvidia Corp.'s earnings report, indicating a shift in market sentiment [1] - Despite Nvidia Corp. being the largest company in the sector and reporting positive earnings, it was insufficient to change the overall negative sentiment surrounding the AI trade [1] Company Summary - Nvidia Corp. is recognized as the world's largest company in the artificial intelligence sector [1] - The company's earnings report did not manage to reverse the prevailing negative sentiment in the market [1] Industry Summary - The artificial intelligence trade was already experiencing cracks before the earnings report, suggesting underlying issues within the sector [1] - The overall market sentiment towards the AI trade remains cautious, even with strong performance from leading companies like Nvidia [1]