Nvidia just delivered another huge quarter, with revenue growth expected to accelerate next year. Yet after everything that’s happened to the stock, its valuation is starting to look surprisingly modest.
This week on Market Open, Reda and Russ digest Nvidia’s latest numbers, and discuss whether some of its biggest beneficiaries might actually be cheap.
They also turn to America’s growing debt problem. With US national debt now above $40 trillion and borrowing costs rising, why is fixing it so politically difficult?
Plus, the increasingly awkward choice facing the Fed as inflation remains stubbornly high while the labour market shows signs of weakening.
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