one of the reason why I'm putting my stocks on hold.
Nvidia Sales Grow So Fast That Wall Street Can’t Keep Up
Chipmaker’s revenue beats have made projections difficultRecent estimates have deviated from results by an average 12%Nvidia Corp. is the most expensive stock in the S&P 500 Index, with its shares trading for roughly 23 times the company’s projected sales over the next 12 months.But there’s a problem with that valuation. In the age of the artificial intelligence boom, no one can figure out what the chipmaker’s revenues are actually going to be — not the Wall Street analysts covering Nvidia or Nv
$NVIDIA Corp(NVDA)$ Has proven their worth. Have exceeded forecasted revenue. AI is increasingly booming at this generation and will continue to do so. Again we can’t rely on history itself, but numbers don’t lie. The company is profitable and valuable.
after stock split, history suggest stock will keep climbing. Those who short sell might be end up losing more. Thinking of 9 addtl shares and stock price possible increase would double up the gain.
The short bets against Nvidia are equivalent to just 1% of its stock market value, according to LSEG data. Well still short bet is temporary.
Short Bets Against Nvidia Stand at $34 Billion, S3 Partners Says
June 6 - As Nvidia threatens to dethrone Microsoft as the world's most valuable company, at least a few investors are betting its soaring shares will return to earth. Outstanding short bets against Nvidia stand at about $34 billion, nearly twice as much as what has been bet against Apple and Tesla , the next two biggest short bets combined, according to a report from S3 Partners on Thursday. Short sellers have bet about $19 billion against Apple and $18 billion against Tesla, S3's data shows. However, the short bets against Nvidia are equivalent to just 1% of its stock market value, according to LSEG data. Insatiable demand for its high-end AI processors has sent Nvidia's stock soaring 143% in 2024. On Wednesday, Nvidia's stock market value reached $1.012 trillion, eclipsing Apple to become the world's second most valuable company. Nvidia's stock market value retreated almost 2% to $2.96 trillion on Thursday. Microsoft's market value stands at $3.15 trillion af