))
Nvidia Saved the Rally
Manage episode 402625893 series 3392107
Content provided by Mike Frazier. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mike Frazier or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Nvidia saved the rally. The most talked about stock in the world reported earnings Wednesday. As I wrote last week, Nvidia and AI have become more important than the Fed; At least to the Market.
Expectations were sky high. Nvidia delivered, and then some. It was another blowout quarter for the company that's powering AI. Nvidia had already grown revenue by over 200% and earnings over 400% in a year. Nvidia's stock has been a rocket ship for the innovation trade. The stock has soared 60% already in this young year. It hit $800 for the first time.
89 episodes
Share
