10 for 1 and double .....geezus if that happened ...can't rule it out but chances would be less than 1%. The amount of earnings power this company would need to prove in order to see its stock double would have to be something wallstreet has never seen before.
No one watches market caps. Now at 1.7 trillion it will be more watched than ever before.... I remember tsla, stock was going absolutely insane some yrs back...was running to a cool trillion dollar market cap and did I Believe 2 splits...people were rushing into buy it. Topped out near 500 I believe and collapsed to 100 in a short time frame. It did double again but has lost all momentum once again.....
$699 Will be 700 any minute followed by an opening of approximately 715-720 tomorrow at open. 800 by friday!
January 17, 2024 February 6, 2024 In the 17 days from January 17 to February 6, your estimation of Tesla's peak has grown from 400 to "near 500". To avoid the possibility of that estimation increasing again, I will suggest that Tesla's peak was closer to 400. My historical quotes say that the intraday high was $414.50 on November 4, 2021. In relation to its decline, the stock declined to $206.86 on May 24, 2022. It did not drop below that level until October 2022, and it finally found a bottom at $101.81 on January 6, 2023.
705 Literally straight up since the close and adding on average $2 every hour Tomorrow at open I expect 715 but now could be 730 a share
708 added 3 dollars in 2 minutes since I posted. That tiny 3 dollars is equivalent to $7 billion dollars in market cap in less Than 3 mins
Dan Nathan on fast money said this on Monday on cnbc... Makes some very valid points... If anyone didn't catch the show he had some very strong points on why it's a sell and I have to say I agree. ... As discussed just now on CNBCFastMoney 'Sell Nvidia' on.ft.com/3HMh910 via @financialtimes h/t WallStCynic Gupta's main thesis is straightforward. Competition for generative Al hardware is catching up, end-user deployments don't need much power once the database is built, there's a shakeout due soon, and Nvidia's estimated 98 per cent market share of data-centre GPUs probably won't last: Al chip demand will eventually normalize once the initial training build has been completed. The inference phase of Al is going to require less computing power than the training phase. High-powered PCs and phones could be capable enough to run inferences locally, reducing the need for growing GPU plants. [...] We think the cost of building Large Language Models (LLMs) and limited monetization opportunities could eventually force the exit of smaller (but still meaningful) customers of Nvidia from the Al market, helping to ease GPU supply constraints. Revenue growth for big tech is expected to slow this year, while the likes of Meta and Amazon are working on their own chips. That's had because just five customers provided 46 per cent of Nvidia's revenue last quarter, with Microsoft and Meta alone accounting for 28 per cent of the total 5:19 PM Feb 5, 2024
Funny how they have to keep upgrading the same stock over and over to keep the momentum going.. https://finance.yahoo.com/news/nvidia-eyes-fresh-record-goldman-141152433.html