Nvidia's CEO Jensen Huang recently warned:
The whole world would've fallen apart
if $NVDA were to have a bad quarter and miss earnings expectations
Nvidia's CEO Jensen Huang recently warned:
The whole world would've fallen apart
if $NVDA were to have a bad quarter and miss earnings expectations
This signals a shift: the "pick and shovel" phase of the gold rush is over. Nvidia sold the tools, but miners are struggling to find gold
The market isn't focused solely on chip quality anymore; the concern is whether Nvidia’s customers can actually turn them into profits
It's unrealistic to expect one company to carry an entire market indefinitely
A Fed cut in December would help, but mixed employment data makes that uncertain
High interest rates crush companies that rely on borrowing — Warren Buffett held $382 billion in cash for that exact reason