Wall Street Strategies
Hello! Sign in or Register

Afternoon Note

So Goes NVDA, So Goes The Market

By Charles Payne, CEO & Principal Analyst
5/22/2024 1:53 PM

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. 

A screenshot of a computer screenDescription automatically generated

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.

A white sheet of paper with numbers and lettersDescription automatically generated

There were not a million rounds of funding on the private side – so the stock opened on January 29, 1999, at $12.00. 

A screenshot of a white screenDescription automatically generated

Now everyone is clamoring for the earnings and guidance to hit a homerun because so goes NVDA, so goes the market. 




Log In To Add Your Comment

Home | Products & Services | Education | In The Media | Help | About Us |
Disclaimer | Privacy Policy | Terms of Use |
All Rights Reserved.