A rally in stocks is stalling after Nvidia Corp.’s earnings beat failed to ignite further gains in technology shares. Investors pulled back sharply, taking profits off the table amid uncertainty surrounding high-stakes nuclear talks between the US and Iran.

Nvidia’s results, while exceeding expectations, did not translate into broader market momentum, leaving technology stocks flat for the day. The lack of follow-through suggests investors remain cautious despite strong earnings, prioritizing risk management over speculative bets. Nvidia’s earnings provided a temporary boost but ultimately lacked the catalyst needed to sustain the rally, highlighting the sector’s vulnerability to external geopolitical risks.