Afternoon Note
All eyes on Jensen Huang who is becoming a thought leader and influencer outside the world of tech.
The betting is that the company crushes the number and the shares surge – which has happened five times in the last six releases.
In the game of “would’ve” and “could’ve”, NVIDIA (NVDA) stands out big time. It was a hot company that saw revenues surge to $37.7 million from $65,000 in one year.
There were not a million rounds of funding on the private side – so the stock opened on January 29, 1999, at $12.00.
Now everyone is clamoring for the earnings and guidance to hit a homerun because so goes NVDA, so goes the market.
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