Nvidia has become something like a vector of all of capitalism's hopes and dreams, rocketing past $3 trillion in market value and tripling in value over the past year.
Nvidia’s quarterly earnings watch party was indicative of the power of financial memes, drawing in enthusiasts who celebrated a company's triumph amid economic uncertainty.
This is the first time I’m aware of a company's 10-Q regulatory filing making a bunch of people throw a party, signifying Nvidia’s unusual cultural impact.
For many at the party, Nvidia represents a feel-good story, contrasting with an otherwise unsteady economy, turning stock investment into a communal celebration.
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