Core Insights - Nvidia reported fiscal third-quarter earnings that exceeded expectations and provided a strong forecast for the current quarter, leading to a rise in its stock and boosting other AI-related stocks [3][4] - The company expects approximately $65 billion in sales for the current quarter, representing a 65% year-over-year growth [4] Group 1: Market Position and Outlook - Nvidia continues to dominate the AI chip market, particularly in GPUs, with CEO Jensen Huang expressing confidence in the company's products and future outlook during the earnings call [4][5] - Huang rejected the notion of an "AI bubble," stating that there are three growing uses for AI that are driving infrastructure investments [5][6] - The company maintains a forecast of $500 billion in AI chip orders for 2025 and 2026, with the order backlog expected to grow due to recent deals [8][9] Group 2: China Market Dynamics - Nvidia's sales of the H20 chip to China were reported as "insignificant," with only $50 million recorded during the quarter, attributed to geopolitical issues and competition in the Chinese market [11][12] - The company is advocating for the ability to export more advanced chips to China, arguing it is better for national security [13][14] - Analysts noted that the lack of sales in China made Nvidia's overall performance even more remarkable, projecting nearly $400 billion in free cash flow over the next nine quarters [15]

Group 1 - The core message of the articles emphasizes that Nvidia's record-breaking sales and strong guidance have reassured investors about the demand for AI, suggesting that the AI and tech sectors are not in a bubble [1][2][3] - Nvidia reported $57 billion in revenue for the three months ending in October and anticipates $65 billion in sales for the next quarter, which has positively influenced market sentiment and increased investor risk appetite [7] - The financial services firm Wedbush views Nvidia's performance as a pivotal moment in the ongoing AI Revolution, indicating that this is the third year of a projected ten-year build-out of the fourth industrial revolution [3][1] Group 2 - The positive outlook for Nvidia has led to a rise in share prices for tech companies and competitors across Asia and Europe, reflecting a broader enthusiasm for AI-related investments [4][2] - Despite the current optimism, there are lingering concerns about the sustainability of AI demand, with some investors, like Michael Burry, expressing skepticism about the true end demand for AI products [9][11] - The articles highlight that while Nvidia's results have calmed valuation concerns for now, the potential for future market volatility remains due to external factors such as geopolitical tensions and competition from other AI models [8][7]

And now to our newsmaker of the morning. He is here joining us to discuss the markets, the history of economic bubbles, artificial intelligence, so much more. Bridgewater founder Ray Dallio is with us. Good morning to you, sir. >> Good morning. >> So, you've been uh providing lessons for us for a very long time about economic cycles and where we are and what's going on. The big question in the market right now because we're looking at Nvidia this morning and I think a lot of people are waking up thinking wh ...

In this piece, we will look at the stocks Jim Cramer discussed.In a recent appearance on CNBC’s Squawk on the Street, Jim Cramer discussed the weakness in the stock market as technology stocks headed towards ending a seven-month winning streak. Cramer’s remarks came before AI chip giant NVIDIA’s earnings report and after co-host Carl Quintanilla mentioned a Bank of America survey that didn’t do much to quell market uneasiness. BofA’s Global Fund Manager Survey outlined that a net 20% of managers part of the ...

Core Viewpoint - Global technology shares experienced a rally as investors shifted back to AI-linked stocks following NVIDIA's strong earnings report, despite ongoing concerns about overvaluation in the AI sector [1][2]. Company Performance - NVIDIA reported $57 billion in revenue for the quarter ending in October, a 62% increase year-over-year, driven by a 66% surge in sales from its AI data center division, which exceeded $51 billion [3][4]. - The company's earnings per share (EPS) for Q3 was $1.30, surpassing the Zacks Consensus Estimate of $1.24, while revenues exceeded estimates by 4.14% [4]. - NVIDIA's data center business generated $51.2 billion, outperforming the Bloomberg consensus estimate of $49.3 billion [4]. - The company provided an optimistic fourth-quarter revenue guidance of $65 billion, beating the Zacks Consensus Estimate of $60.30 billion, leading to a 5% increase in shares during premarket trading [5]. Market Reaction - The positive sentiment from NVIDIA's results extended to global chipmakers, with Dutch semiconductor companies BESI and ASMI rising over 3% and 2%, respectively, and Asian companies like Samsung Electronics and Hon Hai Precision Industry also seeing gains [6]. - U.S. tech stocks rebounded in pre-market trading, with AMD shares up about 5%, Arm nearly 4%, Marvell Technology adding 3.7%, and Broadcom climbing 3% [7]. Industry Concerns - There are concerns regarding the concentration of major AI players, as highlighted by Karen McCormick, who noted the potential vulnerability of the market if an AI bubble bursts, despite the strong balance sheets of these firms [8][9]. - The interconnected nature of AI companies, particularly with NVIDIA and Microsoft planning significant investments in Anthropic, raises caution about market stability [8][9]. Investment Opportunities - Amidst the mixed scenario of growth and risks, investing in undervalued tech-based exchange-traded funds (ETFs) is suggested as a viable option, with several ETFs showing lower valuations compared to the broader tech ETF iShares U.S. Technology ETF (IYW) [10]. - Specific undervalued ETFs include Invesco Next Gen Connectivity ETF (P/E: 20.98X), Invesco S&P 500 Equal Weight Technology ETF (P/E: 22.74X), and others with P/E ratios ranging from 22.99X to 23.45X [11][12].

By Mike Dolan - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets As has often been the case over the past two years, Nvidia's forecast-beating results have helped calm a tech sector nervous about bubble-like AI valuations. Meanwhile, hopes of another U.S. interest rate cut this year have all but disappeared. Demand for Nvidia'​s chips was never the root of the AI bubble worries, which are mostly focussed on whether the gigantic AI infrastructure spend wi ...

A sign to an Nvidia office building is shown in Santa Clara, Calif., on Aug. 7, 2024. (Jeff Chiu / Associated Press) The artificial intelligence boom seems unstoppable, but a growing number of investors and other observers worry it could be a bubble about to burst. After skyrocketing more than 50% from April lows, the tech-heavy Nasdaq composite experienced a decline of close to 5% this month. Investors are concerned it could take longer than expected to see big profits from the trillions of dollars they ...

Nvidia Corp.‘s (NASDAQ:NVDA) blockbuster third-quarter earnings on Nov. 19 delivered a rebuke to the mounting chorus of AI bubble warnings, igniting a swift “risk-on” rally that rippled across disparate asset classes.Check out NVDA’s stock price here.NVDA Earnings Defy AI Bubble ChorusThis broad market reprieve defied dire predictions from a cadre of experts who have likened the AI frenzy to the dot-com debacle. OpenAI CEO Sam Altman warned in August that investors are “overexcited,” echoing Bridgewater’s f ...

Core Viewpoint - AST SpaceMobile has experienced significant stock price increases driven by speculation and future forecasts, but the company is still in the early stages of commercialization and faces challenges in sustaining its growth trajectory [2][3][5]. Company Overview - AST SpaceMobile's stock has surged 168% year-to-date, despite a recent market pullback due to concerns over an AI bubble and economic slowdown [2]. - The company reported $14.7 million in revenue for Q3 2025, which is more than triple its total revenue for 2024, primarily due to achieving U.S. government milestones [3]. - AST has secured over $1 billion in revenue commitments from major partners such as Verizon, Vodafone, and Saudi Arabia's stc Group, and has launched its first five BlueBird satellites [4]. Financial Performance - The current market capitalization of AST SpaceMobile is approximately $20 billion, which reflects high expectations despite the company just beginning to commercialize its business [5]. - Company guidance indicates projected revenue of $50 million to $75 million for the second half of the year, with an expectation of around $50 million in Q4 [6]. Industry Context - The telecom industry, which constitutes AST's primary customer base, has been characterized by slow growth, low valuations, and significant debt burdens [7]. - Comparatively, Verizon, a key customer, has a market cap of $172 billion and a price-to-earnings ratio below 9, highlighting the mature nature of the telecom and broadband sectors [8]. - The potential for AST's valuation to increase beyond $20 billion exists, but there may be limitations unless the company diversifies beyond broadband services [8].

Core Viewpoint - Concerns have been raised about a potential AI bubble and its economic implications, with a call against government bailouts for AI companies [1][2][3]. Group 1: Concerns About AI Bubble - Representative Alexandria Ocasio-Cortez expressed worries regarding the disproportionate influence of major AI companies like Microsoft, Alphabet, Amazon, and Meta on the stock market and economy [2]. - Ocasio-Cortez warned that the current market gains are primarily driven by the AI sector, which poses risks similar to those seen before the 2008 financial crisis, describing it as a "massive economic bubble" [3]. - The Congresswoman emphasized that there should be no federal bailout for AI companies, framing it against the backdrop of denied healthcare and SNAP benefits for Americans [4]. Group 2: Industry Reactions - OpenAI's CEO Sam Altman denied rumors of seeking a federal bailout, clarifying that the company does not want taxpayer-backed protection [4][5]. - Nvidia's CEO Jensen Huang countered the notion of an AI bubble, asserting that current investments are part of a significant shift in computing, supported by Nvidia's record Q3 revenue, which increased by 62% year-over-year [6].