Weekly Market Pulse: Artificial Intelligence?

By |2024-02-26T10:33:46-05:00February 25th, 2024|Alhambra Research, Bonds, Currencies, Markets, Newsletter, Stocks|

Nvidia reported earnings last week and they were, to be sober about it, incredible. Total revenue rose to $22.1 billion for the quarter,  up 22% from last quarter and 265% year-over-year. Data center revenue, which is what investors really ought to be watching with this company, was up 27% from last quarter and a whopping 409% year-over-year. Gross margins run [...]