Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Despite Revenue Skyrocketing More Than 100%, Nvidia Stock Trades at 24 Times Forward Earnings. Is the Market Warning Investors About What's to Come?

Key PointsDuring the most recent fiscal quarter, Nvidia's growth figures showed investors that the AI boom is still in full swing.

We haven't written up this one. Nasdaq Markets has the full story — the link below goes straight to it.

This story

This is one outlet's version. Read the fullest account.

Read the original at nasdaq.com →

More in Finance & Markets

Can Johannesburg fix its books before the doom loop wins?

It has a name: fiscal fiction. Spending as though the cash were already in the bank. But increasingly, it isn’t. A new report from the Centre for Development and Enterprise shows just how far…

  • Johannesburg finances based on uncollected revenue, not actual cash receipts
  • R13-billion shortfall in last three years, R30-billion less than revenues after borrowings
  • Unpaid bills and debts fuel fiscal downward spiral, increasing tariffs and default rates

More from Sunday 6 September →