Artificial intelligence is the 'it' thing right now, and Nvidia is the only kid on the block getting paid by this latest revolution.
Stocks end three-week losing streak despite challenges from surging yields, seasonality.
The firm is losing money. Every quarter, and expects that streak to continue. They can adjust all they want. That doesn't produce actual profitability.
While blowout results at Nvidia are more than impressive, they do little for the overall economy.
While ULTA beat on earnings, here's how I see the bigger picture.
Plus, Boeing stubs its quality-control toe again and a lament about why the Treasury borrows so much money short term.
What started as a celebration after Nvidia's earnings release Wednesday evening ended in burst party balloons by the close of trading Thursday.
The best thing to do now is stay patient and wait for developments.
Let's look at the charts with a view point bigger than the last three months.
The company's second-quarter results blow away Wall Street expectations as it clearly is the lead dog in the generative artificial intelligence pack.