Nvidia Beats Big, Then Dumps 5% – Classic Sell-The-News Day

[Chart courtesy of MarketWatch.com][Chart courtesy of MarketWatch.com]Moving the marketStocks opened lower and stayed under pressure for most of the day, even after Nvidia and Salesforce dropped their latest earnings.The big disappointment was Nvidia—despite beating on both earnings and revenue, shares got pumped early then dumped about 5%, putting it on track for its worst day since April.Traders basically shrugged off the numbers and took profits. Other chip names followed suit: Broadcom, Lam Research, We ...