Nvidia Sales Grow So Fast That Wall Street Can’t Keep Up. Chipmaker’s revenue beats have made projections difficult
https://www.bloomberg.com/news/articles/2024-06-23/nvidia-sales-grow-so-fast-that-wall-street-can-t-keep-up?srnd=homepage-americas
Posted by batyrshah
10 Comments
They should send us some money if they got too much of it 
Headline fighting back
Nvidia beats earning “expectations” by 2 billion for the past 4 quarters. Very hard to predict indeed
I imagine they didn’t predict this new Middle East deal given the trade sanction uncertainty
*Leo licking his lips meme*
Beating exponentially
Holding shares long options to expensive and volatile short term for me
At some point it’ll drop regardless of their impressive performance
As a financial analyst let me tell you something my friend, most analyst undershoot because the banks get paid some nice fees. Those that are not paid usually use a CAGR model instead of more flexible models that properly predict organic growth + whatever M&A brings to the table.
Those that use stupid models end up having truly regarded predictions like our honorary member Cathy. The very few that use proper econometrical models are the ones you see posting big returns on large HF or smaller investors that are a sub branch of a bank or HF.
At the end of the day WS benefits a lot from publishing lower expectations and setting very low bars to beat.
Wall street can’t predict fast growth? It’s pretty easy to have higher expectations numbers.
I thought I heard there was some kind of limit due to power consumption and companies will basically need nuclear reactors or fields and fields of solar or whatnot to run the real gangster AI.