To The Moon

The FOMC met in January 2024, but it did not release the SEP projections. However, the FOMC statement deleted the reference to "policy firming" and included the following sentence:The Committee does not expect it will be appropriate to reduce the target range until it has gained greater confidence that inflation is moving sustainably toward 2 percent.The sentence above confirms that the Fed's next move is the interest rate cut. However, the timing of the eventual cut appears to be data-dependent

Nvidia Chief Executive and founder Jensen Huang is eligible to earn a bonus of up to $3 million this fiscal year, after receiving no bonus in fiscal 2023.The chipmaking giant said in a regulatory filing Thursday that its board had approved a target award for Huang of $3 million, or 200% of Huang's base salary, in the fiscal year ending Jan. 26, 2025.According to Nvidia's proxy filing, Huang had a base salary of $1 million and a variable cash bonus target of $2 million in fiscal 2023. But because the company's fiscal 2023 revenue fell short of performance goals, Huang didn't receive a variable cash payout.Huang historically has made most of his earnings in the form of stock awards. In fiscal 2023, Huang earned $19.7 million worth of Nvidia stock, up from $18.7 million the year before.Chief Financial Colette Kress will be eligible for a fiscal 2025 bonus of up to $300,000, or 33% of her base salary. That target cash award is unchanged from fiscal 2023, according to filings.

It's necessary either for future production capacity increases to be outstripping future orders, or maybe also for Nvidia to be shipping product in excess of the orders being received. Or, given the extreme drop in lead times , likely both. Now, remember that shipments on a given quarter are satisfying both backlog and new orders. If lead times drop to the point where backlog disappears, then shipments would fall to just new orders, which are highly likely to be lower than backlog + new orders. This, in turn, would mean that in the quarter Nvidia eliminates its lead times (or just gets clos

Nvidia is still a great company, but there will be blood on the exchange floor when its stock falls to Earth.

NIO delivered 8,506 vehicles in January 2023Cumulative deliveries of NIO vehicles reached 298,062 as

$NIO Inc.(NIO)$premarket so low..