Nvidia (NVDA 1.86%) has been one of the best-performing stocks ever, thanks to the growth of artificial intelligence, but for much of its run, people have called it overvalued. Cathie Wood wrote that it was "priced ahead of the curve" in May 2023. In early 2024, Morningstar analysts called it overvalued. This is Exhibit A for why investors shouldn't see "overvalued" as a bad word. Over the last th...
Nvidia (NVDA 1.86%) has been one of the best-performing stocks ever, thanks to the growth of artificial intelligence, but for much of its run, people have called it overvalued. Cathie Wood wrote that it was "priced ahead of the curve" in May 2023. In early 2024, Morningstar analysts called it overvalued. This is Exhibit A for why investors shouldn't see "overvalued" as a bad word. Over the last three years, Nvidia has been up 600%. The S&P 500 has increased 78% over the same period. The bears have been wrong so far, and based on Nvidia's financial performance, I think that trend will continue. The numbers keep proving the bears wrong Nvidia has consistently surpassed expectations. Since it recently released its fiscal Q1 2027 earnings (which ended April 26, 2026), we have fresh data to review. Revenue hit a record $81.6 billion, up 85% year over year and marking 14 consecutive quarters of revenue growth. Data center revenue, which now makes up the bulk of Nvidia's earnings, rose 92% year over year to $75.2 billion. Not only does Nvidia continue to deliver excellent growth quarter after quarter, but it also does so with high profit margins, most recently 74.9%. Detractors often point to Nvidia's massive market cap, currently over $5 trillion, as an argument against much future growth. But when you look at how much money it's making, the price makes sense, since it's not a particularly expensive company. Nvidia trades at 25 times forward earnings, significantly less than fellow semiconductor stocks Advanced Micro Devices and Broadcom, which trade at 61 and 37 times forward earnings, respectively. Will Nvidia continue to outperform? Nvidia almost certainly won't keep growing at the same rate it has over the last three years. After all, three years ago, it was worth less than $1 trillion. However, it could still be a market-beating investment, especially considering its sales projections. It expects approximately $91 billion in revenue in its fiscal Q2 2027, which would...
Key Points Nvidia has been labeled "overvalued" for years due to its rapid growth. The numbers don't back that up, as it trades at a lower valuation than other top chipmakers. Nvidia has also consistently delivered strong revenue growth. 10 stocks we like better than Nvidia › Nvidia (NASDAQ: NVDA) has been one of the best-performing stocks ever, thanks to the growth of artificial intelligence, but...
Key Points Nvidia has been labeled "overvalued" for years due to its rapid growth. The numbers don't back that up, as it trades at a lower valuation than other top chipmakers. Nvidia has also consistently delivered strong revenue growth. 10 stocks we like better than Nvidia › Nvidia (NASDAQ: NVDA) has been one of the best-performing stocks ever, thanks to the growth of artificial intelligence, but for much of its run, people have called it overvalued. Cathie Wood wrote that it was "priced ahead of the curve" in May 2023. In early 2024, Morningstar analysts called it overvalued. This is Exhibit A for why investors shouldn't see "overvalued" as a bad word. Over the last three years, Nvidia has been up 600%. The S&P 500 has increased 78% over the same period. The bears have been wrong so far, and based on Nvidia's financial performance, I think that trend will continue. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » The numbers keep proving the bears wrong Nvidia has consistently surpassed expectations. Since it recently released its fiscal Q1 2027 earnings (which ended April 26, 2026), we have fresh data to review. Revenue hit a record $81.6 billion, up 85% year over year and marking 14 consecutive quarters of revenue growth. Data center revenue, which now makes up the bulk of Nvidia's earnings, rose 92% year over year to $75.2 billion. Not only does Nvidia continue to deliver excellent growth quarter after quarter, but it also does so with high profit margins, most recently 74.9%. Detractors often point to Nvidia's massive market cap, currently over $5 trillion, as an argument against much future growth. But when you look at how much money it's making, the price makes sense, since it's not a particularly expensive company. Nvidia trades at 25 times forward earnings, significantly less than fellow ...
Opus Genetics (NASDAQ:IRD) is advancing a portfolio of gene therapies for inherited retinal diseases, with two programs already in the clinic and three more expected to enter clinical testing within the next 12 months, President Dr. Ben Yerxa said during a fireside chat at RBC Capital Markets’ 2026 Global Healthcare Conference. Yerxa said the company was co-founded by Dr. Jean Bennett, who also co...
Opus Genetics (NASDAQ:IRD) is advancing a portfolio of gene therapies for inherited retinal diseases, with two programs already in the clinic and three more expected to enter clinical testing within the next 12 months, President Dr. Ben Yerxa said during a fireside chat at RBC Capital Markets’ 2026 Global Healthcare Conference. Yerxa said the company was co-founded by Dr. Jean Bennett, who also co-founded Spark Therapeutics and was an inventor of LUXTURNA. He said Opus has built a seven-asset portfolio focused on inherited retinal diseases, using known capsids and promoters rather than “science projects.” “We generally try to avoid risk on risk,” Yerxa said, citing the use of AAV2, AAV5, AAV8 and AAV9 capsids. “The agency’s comfortable with them. No science projects. It’s all just like development work.” Regulatory environment and platform strategy Asked by RBC biotech analyst Lisa Walter about regulatory volatility at the FDA, Yerxa said Opus has not seen a major change at the project-team level. He said the absence of a permanent head of CBER was “probably a little bit more disruptive” for the company than changes at the top of the FDA, given CBER’s relevance to gene therapy programs. “For rare disease and gene therapy in our space, it’s been pretty steady and pretty favorable for us,” Yerxa said. Yerxa said inherited retinal diseases are attractive for gene therapy development because treatment can be delivered directly into the eye through subretinal injection, using small doses with limited systemic exposure. He also said the eye allows clinicians to observe the treated tissue directly after administration. “It really limits potential adverse events on the safety side,” Yerxa said. “On the CMC side, which is half of the drill in gene therapy, we need very small batches.” BEST1 program expected to generate September data Opus’ BEST1 program is being developed for Best disease, which Yerxa said affects an estimated 8,400 patients in the United States. He said the...
Sonny Rollins, one of the greatest jazz saxophonists of all time, has died aged 95. His death was announced on his website on Monday, “with deep sorrow and profound love”. His publicist Terri Hinte also confirmed the news. No cause of death was given, but the statement said “the Saxophone Colossus” died at his home in Woodstock, New York on Monday afternoon. The statement quoted Rollins reflecting...
Sonny Rollins, one of the greatest jazz saxophonists of all time, has died aged 95. His death was announced on his website on Monday, “with deep sorrow and profound love”. His publicist Terri Hinte also confirmed the news. No cause of death was given, but the statement said “the Saxophone Colossus” died at his home in Woodstock, New York on Monday afternoon. The statement quoted Rollins reflecting on death: “I think when the creative person ends, he continues in the next existence. I’m a person who believes this life isn’t the be-all and end-all of everything. A spiritual person doesn’t feel like that.” With more than 60 albums released from the late-1940s onwards, including collaborations with Miles Davis, Thelonious Monk, John Coltrane and others, Rollins was one of the last living stars of the bebop generation, who took jazz from a predominantly dance or ballad form into startlingly expressive new territory. Rollins himself was a genius of melody, whose bright, catchy lines – whether jazz standards or self-penned – would be unpicked, extended and refashioned in improvised and sometimes epic solos. Saxophonist Branford Marsalis has called him “the greatest improviser in the history of jazz” alongside Louis Armstrong; when presenting him with the 2010 National Medal of the Arts in 2011, Barack Obama said Rollins had inspired him to “take risks that I might not otherwise have taken”. He was born Walter Theodore Rollins in New York City in 1930, and raised in its Harlem district, earning the nickname Sonny from his grandmother. Inspired by a piano-playing sister and violin-playing brother, as well as jazz heroes such as Louis Jordan and Fats Waller, he started learning the saxophone when he was seven. Such was the vibrancy of his area’s jazz scene that one of his first bands, in high school, featured future stars Jackie McLean, Kenny Drew and Art Taylor; just after leaving school he began playing with local talents such as Bud Powell and touring stars such as JJ John...
Indonesia’s first sovereign wealth fund is investing in a mix of funds and private companies as it bets on infrastructure around artificial intelligence, part of a global investment boom in the sector. The Indonesia Investment Authority and its co-investors have deployed around 74.5 trillion rupiah ($4.2 billion) so far, and about 30% of that has gone into digital infrastructure, Chief Investment ...
Indonesia’s first sovereign wealth fund is investing in a mix of funds and private companies as it bets on infrastructure around artificial intelligence, part of a global investment boom in the sector. The Indonesia Investment Authority and its co-investors have deployed around 74.5 trillion rupiah ($4.2 billion) so far, and about 30% of that has gone into digital infrastructure, Chief Investment Officer Christopher Ganis said in an interview. INA, which manages more than $8 billion, has closed a handful of digital infrastructure deals, he said, including participating in a funding round for DayOne Data Centres Ltd., a spinoff of Chinese company GDS Holdings Ltd. The fund’s commitment to AI infrastructure underscores a global rush to invest in data centers and other beneficiaries of the machine- learning revolution. At least $3 trillion is set to flow into data center-related investments over the next five years, according to Moody’s Ratings, creating huge opportunities for funds like INA. Digital is one of five focus areas for the five-year-old fund, which will earmark as much as 30% of its annual allocations to the sector, Ganis said. While “a lot of these AI developments are coming outside of Indonesia, it does not mean that’s a trend that we will just skip,” he said. INA expects the AI boom to benefit Indonesia as companies bring training and research centers to the country, which has one of the youngest populations in Asia. Its investment portfolio includes data centers with 74 megawatts of planned capacity and a 100% committed occupancy rate, according to its website. Indonesia Wealth Fund Taps Mandiri Banker Ramadhana as CEO How Big Tech’s AI Bets Are Fueling a Borrowing Boom: Explainer Prabowo Remakes Indonesia With Push to Emulate China’s Rise At a time when the US and China are competing over AI, Ganis said INA will take a “non-bloc” approach to work with a variety of partners. AI is a sector in a “multi-polar world” where countries will push to create nat...
Telecoms giant China Mobile International is planning another route to connect terrestrial cables in Central Asia with Hong Kong’s submarine network, aiming to enable more efficient data transmission between the “stan” countries and the rest of the world, a senior executive has said. Kevin Chan Kin-fan, the company’s head of carrier business, said the developing telecommunications sector in Centra...
Telecoms giant China Mobile International is planning another route to connect terrestrial cables in Central Asia with Hong Kong’s submarine network, aiming to enable more efficient data transmission between the “stan” countries and the rest of the world, a senior executive has said. Kevin Chan Kin-fan, the company’s head of carrier business, said the developing telecommunications sector in Central Asia presented significant opportunities. He added that his company was ready to support mainland Chinese firms entering the region by providing technical services. Advertisement Chan expressed optimism about the region’s development ahead of Chief Executive John Lee Ka-chiu’s first official visit to Kazakhstan and Uzbekistan in early June. “As a landlocked region, Central Asian countries lack the physical conditions required for direct submarine cable connections. Hong Kong, however, possesses one of the world’s highest densities of submarine cable landing stations and international data exchange centres,” he said. Advertisement Chan said China Mobile aimed to leverage this advantage to connect Central Asia’s terrestrial fibre-optic networks to Hong Kong. A route has already been in service for several years, linking Hong Kong, the mainland, Kazakhstan, Russia and Europe.
Key Points Booking operates at a notably larger scale, consistently generating substantially higher total revenue than Airbnb across all recent reporting periods. Both companies experience distinct seasonal cycles, repeatedly posting quarter-over-quarter revenue declines in the first quarter followed by steep increases in the third quarter. Investors should watch whether the overall revenue gap be...
Key Points Booking operates at a notably larger scale, consistently generating substantially higher total revenue than Airbnb across all recent reporting periods. Both companies experience distinct seasonal cycles, repeatedly posting quarter-over-quarter revenue declines in the first quarter followed by steep increases in the third quarter. Investors should watch whether the overall revenue gap between the two companies continues to expand or begins to stabilize over upcoming quarters. 10 stocks we like better than Booking Holdings › Booking Holdings: Managing Seasonal Revenue Cycles Booking (NASDAQ:BKNG) provides travel and restaurant online reservation services globally, offering consumers options for flights, rental cars, and hotel distribution. It recently executed a stock split, and for the quarter ended March 31, 2026, it reported approximately 20% net income margin. Airbnb: Expanding Global Accommodation Options Airbnb (NASDAQ:ABNB) operates a global online marketplace that connects hosts offering private rooms or vacation homes with guests seeking accommodations. It established a rewards partnership with Delta Air Lines, while for the quarter ended March 31, 2026, it reported approximately 6% net income margin. Why Revenue Matters for Retail Investors Revenue represents the total sales a business generates before any operating expenses are subtracted. Understanding this top-line figure helps investors evaluate the fundamental demand for a business's core offerings. Image source: The Motley Fool. Quarterly Revenue for Booking and Airbnb Quarter (Period End) Booking Revenue Airbnb Revenue Q2 2024 (June 2024) $5.9 billion $2.7 billion Q3 2024 (Sept. 2024) $8.0 billion $3.7 billion Q4 2024 (Dec. 2024) $5.5 billion $2.5 billion Q1 2025 (March 2025) $4.8 billion $2.3 billion Q2 2025 (June 2025) $6.8 billion $3.1 billion Q3 2025 (Sept. 2025) $9.0 billion $4.1 billion Q4 2025 (Dec. 2025) $6.3 billion $2.8 billion Q1 2026 (March 2026) $5.5 billion $2.7 billion Data s...