My Investing Muse

Latest earnings from Nvidia From Twitter  Post  by EconomyAPP Observations from the recent earnings (comparing YoY growth, 9 months ended): Revenue grew 85.53%. Cost of Revenue grew 20.31%. Gross Profit grew 138.74% R&D expenses grew 15.28% Sales, general & Admin expenses grew 7%. Total expenses contracted by 4.71% Net income grew 491.57% The costs management of Nvidia is impressive. When revenue grew over 85%, the costs of revenue grew only 20.3%. Total expenses has in fact contracted by 4.71% despite a strong 85% growth in revenue. Extract of  transcript Despite these strong earnings, the market has concerns due to the outlook as per the transcript above. With the recent President Xi’s visit to the USA, will there be an easing of the licensing requirements? Can the trade tension ease? Given the current semiconductor products, how many years it may take for the competition to catch up with Nvidia? The following is the answer provided by Google Bard: Predicting th...

Holidays Nil for Singapore, Hong Kong, China & USA  News Summary for the week ending 22 May 2022 Fish and chips are among the most common dishes in the UK, which is deeply dependent on imports from Ukraine and Russia. According to NFFF officials, around 40% of the industry's cod and haddock come from Russia, and 50% of its sunfloweroil is from Ukraine. The UN warns that 49 million people across 43 nations are facing emergency levels of hunger. The UN Secretary-General says the crisis in Ukraine will have lasting implications around the world. Inflation of global economies since 2020 From the charts above, most major economies are fighting inflation since 2020.  Only China is seeing a downward trend for inflation.   China continues to record a net inflow of cross-border capital in April 2022. Recession taunts the market as earnings disappoint.  It may not be a taunting as we could well be part of the recession.  Mr Powell signalled on Tuesday that the ce...