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The U.S. stock market’s reaction to Nvidia’s earnings report illustrates how unrealistic investors are about the tech giant’s future growth rate. Nvidia reported second-quarter revenue that was more than double the year-ago quarter and was even better than the consensus Wall Street expectation.

Let's look at the numerous growth drivers that could send Nvidia stock to new heights. Nvidia revolutionized gaming a quarter of a century ago when the company pioneered the GPU, which produced lifelike images in video games.

Nvidia may have exceeded Wall Street estimates as its profit jumped — buffeted by the chipmaking dominance that has cemented Nvidia’s place as the poster child of the artificial intelligence boom — but investors seemed less than impressed.

Truist downgraded Incyte (INCY) to Hold from Buy with a price target of $74, down from $83. The company's efforts to offset the Jakafi patent cliff failed, and its oncology programs are "encouraging but early" or in highly a competitive space, the firm tells investors in a research note.

U.S. stock indexes stormed back from big early drops to finish higher, led by a handful of influential Big Tech companies