MM124: Is Nvidia overvalued and why the expansion of the BRICS matters to the West and the rest!

Nvidia reported an incredible 88% jump in revenue this week driven by the ongoing demand for AI chips. However, their shares finished the session flat. What is a fair valuation for the tech stock and can its shares continue to rise?The BRICS (Brazil, Russia, India, China, South Africa) launched their biggest expansion in its history but what is this group of nations, why the additions and what are the long-term implications for the West?Find out the answers to these questions with our Chief Content & Culture Officer Anthony Cheung and Co-Founder Piers Curran.Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.

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Twice a week, we bring finance to life in a fun, engaging way for anyone interested in the world of finance—whether you're a professional, a student, or just curious to learn more. Hosted by Anthony Cheung, a LinkedIn Top Voice, every Monday The Deal Room dives into the latest M&A and private equity deals, uncovering the business strategies behind them. On Fridays, The Trading Floor explores market trends, from macro themes to single stocks and crypto. Our goal? To make finance interesting and accessible for everyone Hosted on Acast. See acast.com/privacy for more information.