Earn over 300 RMB per hour by scratching others’ itch? A 32-year-old man has opened two stores in Shenzhen, #China# , by providing itching relief services. People’s demands nowadays are really rather peculiar.
$NVDA earnings TLDR:
Revenue: $96.22B vs. ~$92.17B (beat)
Adj. EPS: $2.22 vs. $2.09-$2.10 (beat)
DC: $89.0B vs. ~$86.3B (beat)
Adj. gross margin: 75% vs. 75%
Hyperscaler Revenue: $48.71B from $43.05B last quarter (custom ASIC growth hasn't really prevented this revenue from accelerating)
For guidance:
Revenue: $108B vs. ~$104.2B
Adj. gross margin: 74% vs. 75% (kinda the only soft spot)
Revenue ramp has been genuinely absurd over last 4 quarters.
-> $68.1B
-> $81.6B
-> $96.2B (we are here)
-> next quarter guidance: $108B, despite assuming zero China DC compute revenue.
Fun thing to note is Nvidia says its commitments jumped from $119B last quarter to $279B, primarily related to procurement of memory (for next few years).. So memory goes brrr.
TLDR: AI keeps on going brrr. Nvidia is clearly leading the charge and no obvious signs of demand slowing.
Given Nvidia is already a $5T+ company, I think most of the alpha comes from how Nvidia's architecture/capacity decisions impact elsewhere in the supply chain (eg. CPO, memory, 800V) nowadays.
Rather than simply finding mispricing in Nvidia itself.
Regardless, all the fun stuff happens in the earnings call in a few min.
Onlyfans wasn't even originally a porn platform, fun fact! Females just organically flocked to it and turned it into a porn platform. This further debunks the notion that females are victims of the porn industry when they themselves will literally convert a premium content site into a porn site.
In fact, females will do this to any such website that doesn't explicitly ban porn! This is how Patreon is still just a fan site, it explicitly bans porn. It's also why Tumblr was once a major hub for porn and why all cam sites nowadays are explicitly porn sites. Females, of their own will, turned them into such as there was no explicit ban on it.
This video says a lot about society nowadays. This woman is admitted to the hospital with her husband right by her side, but she's still tripping and putting even the unborn baby at high risk. 🤰 It’s wild to see how disconnected people can be from reality when it matters most🤯
Charlie Munger: "Nowadays, every director at a big company gets $300,000 a year — and everybody thinks we've arranged all this wonderful independence. A man who needs $300,000 extra a year as a director is not independent. The one thing you can guarantee is he'll try and stay a director. I don't think that's an ideal system."
🎇Thrilled to release VLM^3! Most 3D vision papers nowadays still spend months/years designing complex archs/losses/augmentations for different tasks. Are they necessary? VLM^3 shows that most designs that you think are important for 3D vision are [not] important at all!