Why Nvidia Stock is Dragging the Stock Market Lower Today

As the leading provider of chips that power artificial intelligence (AI), Nvidia (NASDAQ: NVDA) has become a bellwether for AI adoption. As such, investors were sitting on the edge of their seats when the semiconductor specialist reported its financial results. Despite serving up a beat-and-raise quarter, the stock fell, dragging the broader market down with it. Nvidia stock was down more than 5% in early trading, while the S&P 500 and the Nasdaq Composite were down 1.2% and 2%, respectively (as of this ...