🟢 NVD is trading 3.9% up today on muted Nvidia earnings reaction and broader tech weakness

NVD is trading at $4.56 (+3.87%) as the market processes a muted reaction to NVIDIA's earnings report amid broader tech sector softness.

• As an inverse 2x NVIDIA ETF, NVD gains are driven by the stagnant price action in NVDA following its May 20 Q1 results.
• The NASDAQ Composite remains under pressure as investors maintain focus on interest rates and shifting AI sentiment.