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RCGH Rc365 Holding Plc

3.65
0.05 (1.39%)
Last Updated: 08:00:14
Delayed by 15 minutes
Rc365 Investors - RCGH

Rc365 Investors - RCGH

Share Name Share Symbol Market Stock Type
Rc365 Holding Plc RCGH London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.05 1.39% 3.65 08:00:14
Open Price Low Price High Price Close Price Previous Close
3.65 3.65 3.695 3.60
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Posted at 17/10/2023 13:02 by bmwman3
If nothing else, these pages are a great source of entertainment. Instead of paying attention to your English lessons at school, most of you lot were busy getting extra helpings of mouthYou must be very naive if you think potential investors are swayed by imbecilic comments posted by moronic cretins
Posted at 12/9/2023 14:45 by noirua
What the high price was does not matter: Only the price paid or the average price. Others sadly may be losers but it has no relevance to current new investors.
Posted at 27/8/2023 21:13 by moneymunch
MARKETS
Why Generative AI Could Grow After Bad Nvidia Earnings

Aug 27, 2023


Does the rush of capital into Generative Artificial Intelligence depend too heavily on one company?

After all, the Generative AI shot heard round the world was fired May 24 when chip designer Nvidia forecast much faster-than-expected second quarter growth — sending its market capitalization up $250 billion.


That left the investment world on edge in the days leading up to its second quarter results. But the chip designer did not disappoint — instead it grew faster than expected and raised its guidance.


How so? On August 24, Nvidia reported much better than expected second quarter results and raised its forecast. The company’s revenue up 88% from the previous quarter — $2.51 billion more than forecast while Nvidia guided investors to expect 170% revenue growth in the third quarter — $3.4 billion above estimates.


Can Nvidia keep blasting through investor expectations? What would happen to capital flows into the Generative AI ecosystem if Nvidia were to deliver disappointing earnings or a more conservative forecast?

I do not know the answer to the first question, but it partially depends on the answer to the second one — which is if companies continue to find high payoffs from using the technology to solve pressing business problems, then capital will keep flowing into Generative AI.

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