📃 Key Takeaways
▫️ Nvidia closed at $132.65 on October 9, nearing its all-time high of $140.74, reflecting a year-to-date increase of around 168%.
▫️ The stock is developing a symmetrical triangle pattern and indicates a possible breakout. Technical indicators like RSI and MACD are positive on the daily timeframe, suggesting potential upward movement.
▫️ Nvidia CEO recently says ‘reasoning’ AI will depend on cheaper c...

Nvidia’s profit margins have skyrocketed, reaching an impressive 55%, making the company one of the most profitable in the world. For every dollar in sales, Nvidia keeps 55 cents. This growth is staggering, especially considering the company’s profit margins were just 26% in 2020.
Profit margins like Nvidia’s are rare. To give you a sense of scale, here’s a breakdown of companies by profit margin:
● 0-15%: Uber, Costco, Alibaba, AMD, Walmart, Amazon, Disney, Tesla...