The Rundown

Nvidia Earnings Fail to Impress, OpenAI Seeks New Funding at $100B Valuation

Aug 29, 2024
Nvidia's latest earnings report reveals surprising revenue gains, but the stock price takes a hit. The hosts discuss how this could affect the AI market, particularly for OpenAI, which is seeking significant funding at a whopping $100B valuation. Retail performance contrasts sharply, with Best Buy soaring on positive guidance while Dollar General struggles. The episode wraps up with a nod to Berkshire Hathaway hitting a $1 trillion valuation, a notable feat outside the tech sector.
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