What shall the Share of Nvidia do this Morning? [The Time Belgium]
$NVIDIA (NVDA.US)$ The excellent report from the most popular stock in the world, chip designer Nvidia, will not be the cause. Quarterly turnover: $30 billion. Plus 122 percent year on year. Thanks to the boom in artificial intelligence (AI).
Just think for a moment about that figure of 30 billion. In the mists of time - four years ago - Nvidia had around "4 billion" turnover per quarter. The result: a cash flow machine that allows the chip designer to BUY BACK an additional $50 billion (!) of its own shares. We are lukewarm fans of after- and pre-market trading of all kinds, but there is still a real chance that investors will shrug their shoulders this MORNING (afternoon for Belgium)at the start of official Wall Street trading.
Just think for a moment about that figure of 30 billion. In the mists of time - four years ago - Nvidia had around "4 billion" turnover per quarter. The result: a cash flow machine that allows the chip designer to BUY BACK an additional $50 billion (!) of its own shares. We are lukewarm fans of after- and pre-market trading of all kinds, but there is still a real chance that investors will shrug their shoulders this MORNING (afternoon for Belgium)at the start of official Wall Street trading.
Why? Because the investor had set the bar at "Mondo Duplantis" level with a stratospheric climb and 'slightly better than expected' is now considered 'disappointing'. ?
Have a nice Day with this report from Belgium, TIME, Financial Economic Journal ,FET ![]()
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73572451 : it's gonna pump
Money Thrill OP : And as if that isn't enough good news already? The board of directors approved an ADDITIONAL share BUYBACK $50 billion. Never enough for investors. Shameful, I don't understand this world anymore. Great dissatisfaction but not me! Be happy or be glad you live in America![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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Money Thrill OP : I hope not for me but for everybody with a Rational mind like You, congratulations![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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