When Interactive Brokers (NASDAQ:IBKR) talks about what its customers are actually doing with their money, it’s worth listening. These aren’t passive index fund holders. They’re active, globally diversified traders who move fast and think technically. And right now, they’ve been piling into one name above all others.
“Nvidia has been the name with us particularly after earnings. So it’s been basically by far the most active name and the most heavily bought name in trading through yesterday,” an Interactive Brokers representative said recently. “So that’s pretty much a post-earnings event.”
The timing makes sense. Nvidia (NASDAQ:NVDA | NVDA Price Prediction) reported a genuinely stunning quarter on February 25, 2026. Revenue came in at $68.13 billion, up 73.2% year-over-year, beating estimates by nearly 3%. Adjusted EPS hit $1.62, topping the consensus of $1.52. Data Center revenue alone reached $62.31 billion, up 75%. And forward guidance pointed to $78 billion in Q1 FY2027 revenue.
Yet the stock sold off afterward. NVDA is down 6.64% over the past week and sits at $180.05 as of March 3. That disconnect between blockbuster results and price action is exactly what IBKR customers treated as an opportunity.
Jensen Huang framed the big picture on the earnings call: “Computing demand is growing exponentially — the agentic AI inflection point has arrived. Grace Blackwell with NVLink is the king of inference today — delivering an order-of-magnitude lower cost per token — and Vera Rubin will extend that leadership even further.” That’s a roadmap, not a victory lap. IBKR’s customers appear to be betting on the roadmap.
The broader trading behavior at IBKR tells an equally interesting story about market psychology right now. The representative noted that customers were buying dips late last week, then selling into the subsequent rally — adding that few had “up day with the Straits of Hormuz closed on their bingo card.”
“In general, what we’re seeing here is the buy-the-dip mentality remains very strong. It’s also very technically driven. The buyers came in right around the 100-day moving average. And the buying ended pretty much right at the 50-day moving average.”
The S&P held near late December lows around 5,715. The VIX, now at 21.44 and in elevated uncertainty territory, never entered backwardation — meaning short-end volatility futures never traded above long-end futures, which would signal a real shortage of protection and deeper panic. That’s a constructive signal, even if the market feels uneasy.
Small caps are up 5.31% year-to-date per IWM, while the broader S&P is essentially flat at -0.23% YTD. For now, IBKR’s customers are telling us exactly what they think: Nvidia’s post-earnings pullback has drawn significant buying activity from their active trader base.
