Group 1: Nvidia - Nvidia's fiscal first-quarter sales surged 12% from the previous quarter and 69% year-over-year, driven by strong demand for its graphics processing units (GPUs) [4] - The stock price increased by 67% from a low point in April, with expectations of significant data center spending projected to reach $300 billion by 2025 and over $1 trillion by 2028 [5][6] - Nvidia benefits from a strong network effect, as developers are familiar with its CUDA software development kit, making it challenging for competitors to gain market share [7] - The stock is currently trading at 36.8 times forward earnings estimates, indicating a high valuation that may be risky if future data center spending does not meet expectations [8] Group 2: Sportradar Group - Sportradar Group has capitalized on the legalization of sports betting in the U.S., with partnerships across major sports leagues and organizations, positioning itself as a leader in the sports data niche [9][10] - The company reported a 17% year-over-year increase in first-quarter sales and anticipates continued growth, with the sports betting market expected to grow by 17% annually through 2029 [12] - Sportradar's stock is trading at 53 times its trailing free cash flow, which appears steep but is justified by management's expectation of at least 33% annual growth in free cash flow over the next three years [13][14]