Nvidia Earnings: The Gamified Spectacle I’m Ignoring
$NVDA
Sure, we had a small bounce in some select growth-momentum names, but I think as the day went on, sentiment is really just focused on Nvidia earnings.
Some are ordering wings and having earnings watch parties by themselves.
Some are live streaming Nvidia watch parties.
There is chatter on the streets and wagers being made on where the stock will be trading by 8 PM tonight.
Some are watching earnings just to cheer on its demise. Maybe they saw friends or family get wealthy by holding on to a volatile asset over the years, and it’s pure jealousy that they didn’t do the same.
By the way, there are people that actually have no skin in the game and are taking a side to cheer on. That’s how weird our culture has become.
All pretty stupid stuff. Nvidia is a gamified event, similar to a sporting event.
It’s so dumb that it makes me want to not pay attention and only listen to the earnings call in my spare time away from the noise. I really don’t care what Nvidia reports in one quarter. I don’t really care what they guide for one single year.
I’m invested in the business no matter what happens.
I wrote earlier this week that I was cautious on guidance due to Blackwell supply constraints. But honestly, I think that’s cooked into the stock price at this point. It’s general consensus. Most investors understand this headwind. Usually, the stock price does the opposite of what many are assuming will happen.
Anyway, today’s post is short and lacking any real depth...sorry about that. I just want to get this out before the report.
Hey, keep your head up if you’re in Bitcoin. This is not a prediction, but I’m personally confident this asset can come roaring back so fast your heads will spin.
Thank you and enjoy the Nvidia earnings call!
In case you missed it:
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