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The Compound and Friends
Sam Altman and OpenAI, SpaceX and Starlink, Nvidia Earnings
Nov 22, 2023
01:11:07
Snipd AI
Tech experts Sam Altman, Michael Burry, and Jim Chanos join the podcast to discuss OpenAI, SpaceX, and Nvidia earnings. They explore SpaceX's potential as one of the largest companies in the world, OpenAI's challenges and valuation, and the future of Sam Altman. The hosts also delve into the rise in corporate buybacks and the performance of the stock market.
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Quick takeaways
- Investing involves uncertainty, so relying solely on expert opinions or predictions can be risky.
- No one can accurately predict the future, so investors should focus on their own research and analysis.
Deep dives
Nvidia beats expectations with record revenue
Nvidia reported record revenue of $18.1 billion, beating expectations and representing a 34% quarter-over-quarter growth and a 200% year-over-year growth. Profits for the quarter were $9.2 billion, up from $680 million in the same quarter last year. The company also provided positive guidance, with expected revenue of $20 billion for the next quarter. Despite the strong results, the stock traded flat in after-hours trading.
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