Although Buffett continues to sell off heavily, the latest sale of Bank of America's shares has brought its cash reserves to a new high of $278 billion. Berkshire Hathaway's cash as a percentage of total assets jumped to 25.0% in the second quarter of 2024, exceeding the historical high of 24.5% in the second quarter of 2005. This phenomenon is a bit like the prediction of the 2008 financial crisis.
However, the focus tonight is still on NVIDIA $NVDA's financial report.
Earnings Expectation Overview 👇
🔹 Expected revenue: $28.7 billion (+113%)
🔹 Expected earnings per share: $0.64 (+138%)
If the actual data is lower than expected, it may bring certain risks. But I am generally optimistic and increased my holdings of Nvidia shares during the decline not long ago!#AIis still the core driver of future growth🧐