It❼the tragedy of the overachieving child: You❻ expected not just to ace every examination, but also excel in extracurricular activities.

So, when you❻ just like every other academic genius with perfect grades, that❼merely the baseline you should be hitting.

Such is the plight of . Despite posting ridiculous revenue growth numbers that would send any other company❼stock straight into the stratosphere, Nvidia❼shares fell about 6% yesterday.

The culprit: For the company❼fiscal second quarter, revenue rose "only" 122% on an annual basis, compared with three quarters of more than 200% year-over-year growthAgra Stock. The chipmaker❼expected gross margins for the full year were also slightly lower than anticipated.

As Ryan Detrick, chief market strategist at Carson Group, wrote, "Death, taxes, and NVDA beats on earnings are three things you can bank on." In other words, just beating earnings estimates isn❽enough for Nvidia anymoreVaranasi Wealth Management. It❼more about "the size of the beat."Kanpur Wealth Management

To be fair, other companies face the same issue too, though perhaps not on the same magnitude as Nvidia.Surat Stock

"When you have 75% or 80% of companies beating their estimates on any given quarter, that tells you it❼not such a special thing anymore," said Interactive Brokers chief strategist Steve Sosnick. "Beating estimates is no longer a sufficient condition for a post-earnings rally."

In any case, Nvidia❼loss yesterday may be good for the broader market. Hear me out. Yes, the was mostly unchanged, while the slipped 0.23%. But the , buoyed by gains in technology stocks like and , added 0.59% for a new record close.

That suggests the tech sector and, indeed, the broader market is relying less on Nvidia for gains. The family, finally, isn❽pinning all its hope on one child.