Nvidia valuation slips back to pre-AI boom levels

Bullish Gator

Jeff Parks of Stack Capital discusses Nvidia’s valuation reset and implications for SpaceX and other tech stocks on BNN Bloomberg.

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What stands out

On BNN Bloomberg the line was simple: Nvidia's valuation has slid back toward pre-AI boom levels. That matters because this isn't a sleepy company sliding into obscurity, with average revenue up 101.9% year over year and average net income up 263.6%, so a valuation reset reads as expectations meeting reality rather than earnings collapsing. Jeff Parks' appearance placed the move in the broader tech rethink, a reminder that price can outrun fundamentals and then snap back.