NOW NVDA is more valuable than Google and Amazon!!!
H/t https://twitter.com/gurgavin/status/1757079386975563881
From the beginning of this year, the market cap increased by $588 Billion
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On a down day, NVDA still managed to finish in GREEN. The momentum is so strong. BTW, NVDA market cap is $200 B more than all SP 500 energy companies combined. (H/T CharlieBilello).
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The hype cycle and analysts find new ways to justify the valuation.
For the context, in 4 Quarters NVDA increased revenue from $5B to $18 B.
From the last Quarterly earnings the market cap has increased by $$ 500 billion. WOW.