Nvidia

[JTH]

Nvidia passes Microsoft in market cap to become most valuable public company


The relentless climb of Nvidia has now put it at the top. Year-to-date it is up more than 180% and it now has the largest market cap of any company. Today it is more valuable than Microsoft. Does this chip maker really deserve this much value? Any thoughts?

Future XLK Tech Sector Adjustments

Summary Prospectus-January 31, 2024: Modifications may be made to the market capitalization weights of single stock concentrations in order to conform to the requirements of the Internal Revenue Code of 1986



9:50 Paraphrasing: Because of Nvidia, Microsoft, & Apple, the Tech Sector XLK can't have too many stocks making up 50% of the ETF, so they will have to underweight instead of weighing by market cap. Nvidia & Microsoft will likely become the biggest weights probably 20% to 25% with a big gap down to Apple which will be in the single digits.

 

[JTH]

Supposedly tomorrow, XLK will re-adjust, buying a boat load of Nvidia and selling Apple...

“This is expected to happen on June 21st, now I'm not sure of the exact allocation percentage that is going towards each stock but according to many different reports over 12 billion worth of Nvidia shares are going to be purchased and 12 billion of Apple shares are going to be sold.”

 

[tsptalk]

NVDA Q2 whisper numbers from JPM trading desk:

Revenue: $29.85BN vs. $27.44~28.56b guide, and $28.6b cons.
Gross Margin 76.2% vs. 75%-75% guide
EPS $0.69 vs. $0.64 cons

Guidance
Q3 Revenue $32.95BN vs $31.41BN cons.
FY 25 & FY26 Revenue $125.7BN and $186.6BN, vs $120.3BN & $166.18BN cons.

Source:
https://x.com/zerohedge/status/1828832400563982673?t=Wrkx7pGd3WfalyGv9LijzA&s=19

 

[tsptalk]

NVIDIA Corp

Close
125.61 -2.69 (-2.10%)

After Hours: Last | 5:14 PM EDT
118.26 -7.35 (-5.85%)

 

[tsptalk]

 

[tsptalk]

Nvidia shares open higher as investors digest third-quarter earnings

Nvidia shares climbed close to 5% at the open Thursday, turning higher after previously trading lower in premarket deals.

The U.S. chipmaker reported results that beat on both the top and bottom lines, with sales climbing 94% year-on-year to $35.08 billion.

One analyst said investors today expect “insane” GPU demand as the “bare minimum” from Nvidia each quarter.

https://www.cnbc.com/2024/11/21/nvidia-nvda-stock-slumps-despite-q3-earnings-beat.html

 

[Epic]

This can't be good..........

HERE (Click Me)
WASHINGTON (AP) — The Supreme Court is allowing a class-action lawsuit that accuses Nvidia of misleading investors about its past dependence on selling computer chips for the mining of volatile cryptocurrency to proceed.
At issue was a 2018 suit led by a Swedish investment management firm. It followed a dip in the profitability of cryptocurrency, which caused Nvidia’s revenues to fall short of projections and led to a 28% drop in the company’s stock price.

 

[Epic]

Here ya go.
This is a great interview for those of us who are just a tad bit worried. He has a very good perspective on what to expect moving forward in 2025, with all the players involved. Enjoy
https://finance.yahoo.com/video/nvidia-stock-sell-off-worried-133021766.html

..

 

[Epic]

https://www.cnbc.com/2024/12/25/nvi...r-dollars-as-traders-flock-to-ai-darling.html

 

[Epic]

https://finance.yahoo.com/news/nvidia-seals-700m-run-ai-144718777.html
Nvidia Seals $700M Run:ai Acquisition After Antitrust Approval

 

[tsptalk]

Double top drop. Is is just backing and filling the gaps?

 

[Epic]

Closed the Gap today so I bought the dip. Next week we Moon ! ! ! LOL

 

[tsptalk]

Good luck! It's the only Mag 7 stock not reporting earnings next week.

 

[Epic]

Holy crap , well THAT just figures. I can't win for losing..........
Saw this story come out late last night, and now look at the futures. I should have waited and bought in today. I picked the wrong dip. DAMMIT !!!!
Links >>> HERE and HERE

 

[Jackbnimble]

If you liked it there, you should like it here better! I am fully invested in my taxable account, or I would be tempted today.

 

[Epic]

I hear ya, but I'm all out of money.......

 

[evilanne]

You guys with technical skills, how much lower could it realistically go down?

 

[JTH]

Some observations on the Monthly Chart

Since Oct-22 Nvidia has climbed 1,316%, more than twice the 2nd best Top-10 competitor (META @ 653%). Volume last peaked in Apr-24 and has been on the decline since then, that makes me think the trade is largely over. An overlay of the Fibonacci zone tells me to expect a decline into the orange zone which ranges from $65 to $100.

One thing we haven't priced in (or are waiting to price in) is that in the case of China, its software innovation has trumped our hardware innovation. We bottlenecked their hardware, and they were able to compensate this shortfall with their most abundant resource, its people. I have to admit it's pretty impressive, but I'm also aware China is a massive propaganda machine, so I'd like to see what facts get flushed out over the coming weeks.

 

[tsptalk]

The technology in deepseek looks impressive, but I've heard some examples of how much it is censoring on the fly (changing or deleting answers minutes after responding), as if being monitored by the ccp.

https://www.reddit.com/r/singularity/comments/1hmugeq/deepseek_is_only_censored_if_youre_a_slow_reader

 

[tsptalk]

Nice rebound so far, and there's a large gap overhead that could lure it for a few days, but did the slam down do too much technical damage?