"Nvidia's Stock Faces Volatility Amidst Quarterly Report and Market Test"

Nvidia's stock rally paused as investors awaited the company's quarterly results amid concerns about its valuation. The stock fell 5.3% ahead of the report, which is expected to show earnings of $4.56 a share and revenue of $20.378 billion. Analysts are cautious, noting that Nvidia will need to exceed expectations to maintain its momentum, with options pricing a potential 11% swing in either direction. Other AI-focused stocks, such as Super Micro Computer and Arm Holdings, also experienced declines.