Nvidia announces financial results for first quarter fiscal 2025

Post by soulofmischief » Thu, May 23, 2024, 12:43 AM UTC

nabla9 wrote: post #117

trhway wrote: post #81

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in the past - Industrial Revolution - when somebody started producing something profitable others would start similar production too. In our post-Industrial age software provides the moat protecting your hardware margin. The IBM's PC cloning was the perfect illustration when such a moat wasn't utilized. Everybody learned the lesson, pushed for DMCA and the likes and here we're. Speaking about how high is the specific…

> in the past - Industrial Revolution - when somebody started producing something profitable others would start similar production too. Minor correction. They stole the technology. When British invented textile mills they had strict law against exporting the designs. Cotton was bought from the US to Britain and made into textiles. Samuel Slater is considered the Father of the American Industrial Revolution was called…

Post by deadbabe » Thu, May 23, 2024, 12:46 AM UTC

floatinglotus wrote: post #219

deadbabe wrote: post #124

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I don’t get the whole P/E thing. Do people basically say we shouldn’t bother buying anything with a crazy P/E more than 20? Despite the fact that these high P/E companies are now making people lots of money? Wtf?

You need to “get it” because it’s really important. We’re all in here arguing about PE ratios of tech companies reaching 100x. Is that too much? Who knows. For the best tech company in the world? What is the limit? But for other companies like Tesla, their PE was once 1000x. That’s crazy town. PE is the first number you should use for comparing two stocks to determine value vs risk.

Post by StayTrue » Thu, May 23, 2024, 12:48 AM UTC

jsnell wrote: post #205

AnotherGoodName wrote: post #191

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We're literally in fiscal year 2025. The report also calls it fiscal year 2025. Fiscal years are about when you'll pay tax. This is Q1 of four quarters to be reported before Nvidia pays tax in 2025.

This is incorrect. Fiscal years have nothing to do with when you pay tax. They're pretty much totally arbitrary, with different companies using different values. To demonstrate: The earnings Microsoft reported for this same quarter (calendar Q1 2024) a month ago were reported as their Q3 2024 fiscal year results. Apple's were fiscal Q2 2024. Google's were fiscal Q1 2024.

Post by pylua » Thu, May 23, 2024, 12:49 AM UTC

AlexandrB wrote: post #147

parineum wrote: post #136

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AI is still fueled by hope. The actually applications of it (they do exist and they are valuable) pale in comparison and value to what it's valuation is based on, it's future promise. When the people who say things like "AI is going to replace all accountants!" stop speaking the the future tense, it's value will be justified. For now, it's OpenAI spending billions developing a product they hope will make trillions an…

In many cases there's no obvious way to collect additional revenue for AI features either. For example, Google now has an AI box in their search but will this translate to more ad revenue?

Post by breadwinner » Thu, May 23, 2024, 12:49 AM UTC

AnotherGoodName wrote: post #46

This stock is a great example of invest in stocks where you have strong knowledge. I saw pallets of h100s shipping that were worth 100s of millions each pallet (each card is $40k and you can fit a lot on a pallet) as someone working for a company buying these and knowing that many other companies were doing the same (we have 12+ months of back orders with nvidia alone). I invested last year at ~$250 when redditors we…