Hey, it's Kramer, and this is my morning take on the market from today's

CBC Investing Club morning meeting.

Let's focus on NVIDIA earnings first, because I think this is obviously the big key.

There were concerns about an air pocket headed in.

There was that story the other day that Amazon delayed buying Grace Hopper in anticipation of Blackwell,

couldn't be less the case.

It's totally untrue.

I looked at what, if you looked at today's earnings and looked at what the year's going

to be versus at the beginning of the year, you see that at the beginning of the year the

company was getting you know high single teen high teens multiple which is ridiculous and that's

because this thing is growing much faster anybody realizes is really incredible well I even

looked at what it was versus April 30th so you had for Q2 they they basically, the estimates now $6.33. It was $5.91

on April 30th. And then for the full year, estimates went to 26.59. It was 2482 just a couple

of weeks ago. So a good example, maybe we can keep the Nvidia chart up there, of how the earnings, you know,

when they're kind of in this up cycle, they continue to outperform. It's why it looks cheaper in

hindsight. Also got a 10-for-1 stock split. You were pressing Jensen to do. I pressed for that,

but they gave it to us. But I will point out, okay, so they have this new device, Blackwell,

which is backward. As we say, you can use the 100, the H-BactW-Bac-W-C-Rat-A. They're all backwards. So think of it if you were a gamer at home and you bought a new Xbox, you could still play some of the older Xbox games on it. Yes, but in the after hours, what you saw was when they said, listen, there'll be Blackwell, lots of Blackwell revenue this year.

Yes.

It's just close to stock to jump. But in the after hours, what you saw was when they said, listen, there'll be Blackwell,

lots of Blackwell revenue this year.

It's just caused the stock to jump big.

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