#Nvidia! "...once a company gets to a certain size, it just physically can't keep up the same growth." We were #quoted yesterday regarding this by Reuters and Forbes. #tech #stocks #market #multifamilyoffice #outlook
Partner, Chief Investment Officer @ Running Point Capital — Multifamily Office / Family Office / PPLI & PPVA / Wealth Management / Advisor / Speaker / Board Member
💲NVIDIA reports earnings on Wednesday 8/28/2024, after market close—stay tuned! 👩🏽💻Nvidia’s #outlook signals tech’s outlook; and tech’s outlook signals the broad economic and corporate outlook. 💡Seems that investors, portfolio managers, and market pundits are more apprehensive about #Nvidia’s earnings than they were about Jerome Powell’s Jackson Hole speech last Friday because of Nvidia’s interconnection— through chips and generative AI— with most businesses. 🙋🏽♂️How are customers responding to delays in Nvidia's Blackwell GPU and what will be the impact on data center projections? 🙋🏽♀️Will Nvidia announce layoffs or rightsizing of its workforce ? 🙋🏽♂️Will there be any new #innovation announcements or updates on the RTX 50 series and RTX-supported games? 🙋🏽♀️Was the recent increase in insider trading activity predictive? 📰Reuters and Forbes quoted us regarding expectations for Nvidia in an article by Arsheeya Bajwa, "Nvidia second-quarter sales likely to double, even a slight miss may hurt shares." Also cited was Daniel Morgan at Synovus Trust and Jensen Huang, Founder and CEO of Nvidia. QUOTED EXCERPT For the past three quarters, Nvidia's growth exceeded 200%. "We're reaching the law of large numbers here, once a company gets to a certain size, it just physically can't keep up the same growth," said Michael Schulman, chief investment officer at Running Point Capital. ~~ "We are your #familyoffice" #investments #tech #stocks #future #PPLI #taxplanning ~~ Disclosure: The opinions expressed are those of Running Point Capital Advisors, LLC (Running Point) and are subject to change without notice. This is not investment advice and this is not a recommendation to buy or sell a security. The opinions referenced are as of the date of publication, may be modified due to changes in the market or economic conditions, and may not necessarily come to pass. Past performance is not indicative of future results. Forward-looking statements cannot be guaranteed. Running Point is an investment adviser registered with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of skill or training. More information about Running Point’s investment advisory services and fees can be found in its Form ADV Part 2, which is available upon request. RP-24-133