Imagine the entire stock market depending on one stock.

LADIES if he: - has positive free cash flow - is always the center of attention - spends all his time building stuff - thinks he’s undervalued That’s not your man—that’s NVIDIA, the hottest stock on the planet. And it better not F up earnings tonight!

NVIDIA: $1 million invested in Nov 2022 is now worth $10 million. 10x in less than 2 years. One of the biggest gains of a mega-cap stock in the history of the stock market. Truly incredible.

🚨JUST IN: Berkshire Hathaway hits $1 TRILLION market cap. First non-technology company in history to achieve it. Warren Buffett is the undefeated GOAT 🐐

🚨BREAKING: NVIDIA BEATS EARNINGS. - EPS: $0.68 vs. $0.65 expected - Revenue: $30B vs. $28.9B expected ALSO BREAKING: THE WORLD WILL NOT COLLAPSE.

LIVE VIEW OF NVIDIA CEO WATCHING STOCK DROP.

🚨NVIDIA SMALLEST BEAT IN 18 MONTHS. Nvidia’s been on a run of beating consensus by a wide margin. Averaging a 12% margin over the last few quarters. THIS QUARTER ONLY 5%. THE BEAT IS TOO SMALL.

Good Morning Everyone! U.S. GDP beat estimates—up +3% in Q2 vs. +2.8% expected. Consumer spending stronger at 2.9% vs. 2.3%. But much of this is on credit cards as savings rates are dropping. Keep an eye on the real data... Don’t get lost in the headlines.

Home Sales:

$NVDA Revenue Jumps:

JUST IN: Allstate to increase home insurance rates for California customers by an average of 34.1%

Let's take a moment to celebrate NVIDIA's CEO. He's achieved the extraordinary: - Turned $1M invested in Nov 2022 into $10M - Went from cleaning toilets to billionaire - Built the world’s 2nd most valuable public company - Made 76% of employees millionaires; 1 in 3 worth

🚨JUST IN: Canada Q2 GDP boosted by government spending GDP grew +2.1% (vs +1.8% expected). Primary driver? Government spending jumped 11% (annualized). Canada's government is now +40% larger than it was less than and decade ago. 1 in 4 people now work for the public sector.

🚨Goldman Sachs to lay off 1,800, more than +4% of workforce. Profits surged +150% in Q2. Banker bonuses jumped +17% in Q2. Stock up +31% YTD. Probably nothing.

🚨 ETFs are on fire and set for a record year! Investors poured $75B into U.S. ETFs in August. THIS 5X MORE THAN LAST YEAR. With $609B already in for 2024, ETFs have outpaced the last 2 years and are on track to beat the $911B record from 2021. Incredible.

Good morning! The Japanese stock market dropped -4% overnight. Remember last month’s -12% plunge, the biggest drop since 1987? Yesterday, $1 trillion market cap was wiped off the S&P. And the VIX is up +39% in just 5 days. Here we go again...

🚨BREAKING: BANK OF CANADA CUTS INTEREST RATES BY 0.25%. THIRD CUT IN A ROW. CANADA IS IN A DOWNWARD SPIRAL MANY MORE CUTS NEEDED.

🚨DOLLAR TREE DOWN -24% Missed earnings and slashed estimates. Lower income families can’t even afford to shop at Dollar Tree and Dollar General anymore. Probably nothing.

Thrilled to announce my company GRIT made an acquisition! Time for 🧵

Good Morning Everyone! Huge week ahead! FED rate cut incoming, with S&P just 1% shy of its all-time high. - Tuesday: U.S retail sales - Wednesday: FED decision (63% chance of 50bps cut) - Thursday: BOE & BOJ rate decisions Buckle up!