Nvidia’s Post-Earnings Rally Fades After Bubble Fears Return

A rally in Nvidia Corp. shares fizzled on Thursday after investors shrugged off a stronger-than-expected revenue forecast and assurances that the AI economy isn’t in a bubble.

After initially climbing more than 5%, the stock fell 3.2% to $180.64 in New York. The broader market also declined, weighed down by AI fears and concerns over whether the Federal Reserve will cut rates in December.