This is absolutely insane:
Nvidia stock, $NVDA, is now up a massive 17% from its low just 5 trading days ago.
The stock has jumped from a low of $756 to $880+, adding ~$320 BILLION in market cap.
This week alone, Nvidia has added market cap equivalent to the entire value of… pic.twitter.com/NEZFsGQvcy
— The Kobeissi Letter (@KobeissiLetter) April 26, 2024
Stock Market as a % of GDP.
And they say it's not a bubble… pic.twitter.com/ltC7hhPYgo
— Nick Gerli (@nickgerli1) April 26, 2024
So true.
I know so many think buybacks are bullish, but understand that's a short term fix that creates long term problems. $AAPL starting to show that. https://t.co/jj3TXgVEPb
— RJR Capital (@RJRCapital) April 26, 2024