NVDA 2Q24: Green is the color of envy.

A glorious moment for a glorious company. But this earnings release might be more bullish for the stock market generally than this stock specifically.

“A new computing era has begun. The industry is simultaneously going through 2 platform transitions, accelerated computing and generative AI.”
Jensen Huang

When NVIDIA published their 1Q24 earnings on May 24, 2023, my key takeaway was that the bull case finally got validated. I’m not saying you have to believe in the fundamental story. I’m simply saying t…