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28th August – Nvidia beats, but shares fall as Investors get valuation vertigo
In this morning's edition of the MPC Markets Morning Call, Mark discusses Nvidia's recent earnings report, the market's reaction, and broader economic indicators. Despite Nvidia's strong revenue growth, shares fell due to valuation concerns. The conversation also covers the performance of various equity indexes, inflation impacts, and expectations for upcoming economic data releases.
takeaways
Nvidia's earnings report showed strong revenue growth but shares fell due to valuation concerns.
The ASX managed a small gain despite inflation pressures.
The Russell index has been performing well…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.