 Brian welcome folks Tommy O'Brien filling in for my dad Tom O'Brien he'll be back tomorrow but boy what a day to fill it in the chair we got an action-packed hour folks thanks for tuning in we got the S&Ps up an even 100 points as I come to you we're up 2 percent in the S&Ps right now trading at 5,097 the whole market trading higher on the heels of some pretty hot Nvidia numbers we jump over to the Nasdaq 100 you're talking about 531 points to the upside a rise of 3% on those numbers pretty dramatic Dow catching a bit of more than 1% so you get the Dow 1% S&Ps up an even 2 Nasdaq 100 up an even 3% pretty easy numbers Russell they're up half a percent up 11 points for the Russell at 2012 you jump over to crude as I mentioned at the top of the hour crude right now back and off we almost made it to 79 we're trading at 78.52 and let's just jump into it man Nvidia shares as I mentioned biggest day ever in the market you're going to add about I mean about 2.5 billion shares outstanding for that company so at $100 you're talking about 250 billion dollars in market cap added I was reading an article earlier today the CEO he's about to crack the top 20 in terms of wealthiest people in the world rightfully so when you have a company that is larger now than Amazon than Google pretty remarkable the acceleration and it's not stopping the AI run might just be beginning as we got new all-time highs on the video up by 15.4% I mean you can you can you can jump around wherever you want in this market man we got dramatically higher prices AMD up 11.4% Microsoft shares up 2.2% you jump over to Amazon a 3.5% acceleration to the upside companies like Salesforce up by 3.4% right now you jump over to Apple up by 1.3% right now you're trading there 185 from 184.67 and let's get into some of those Nvidia numbers the bar couldn't be higher and they beat it man revenue in the current period okay they beat in the period that we just get we just reported for but in terms of the 90 days that we're in right now 24 billion dollars the market was looking for 21.9 billion quite a substantial beat when you think about on a percentage basis whatever it is you look at the acceleration that they've had in terms of earnings in terms of revenue okay the quotes from the CEO generative a generative AI excuse me has kicked off a whole new investment cycle that will lead to a doubling of the world's data center installed base over the next five years and represent an annual market opportunity in the hundreds of billions of dollars pretty remarkable now who are their customers thought the best customers you can have in the world man amazon meta microsoft and alphabets google are nvidia's largest customers accounting for nearly 40 percent of their revenue as they rush to invest in hardware for AI computing yeah and you talk about percentages growth okay this is how you come into an earnings per share that some view as extraordinary to the upside okay nvidia's data center division now by far it's larger source of sales 18.4 billion in revenue up 409 percent from the same period a year earlier gaming chips providing 2.87 billion in sales i mean the ramp up is just remarkable man data center revenue right fiscal year 2024 47.5 billion dollars a couple years ago you were a 10.6 billion a couple years before that you were at 3 billion just remarkable man they got a partnership with nvidia they'd already announced that's not news on this release okay so we jump from that story all right let me make sure i can find this one because when you jump to well this is an important one as well there's your jump there the biggest market capitalization companies days that market that individual equities have had there's meta earlier this month there's nvidia when they really kick things off in may of last year when they added 184 billion in market gap and right now i think at the price we're probably above 250 now this is a pretty cool chart man from bloomberg an article bloomberg had this morning and let's pull up the headline real quick okay to give you some context what bubble nvidia profits are rising even more than the stock this is how you rationalize and e earnings per share that is just remarkable to the upside how do you do it you keep beating you keep growing in the black here we have the pe ratio okay in the red we have the share price and what has happened you've actually seen the pe ratio drop pretty dramatically from the high 60s back in the middle of last year to dipping below 25 at one point you're now talking about a number near 30 they just keep eating and that's as the stock has risen from a price of about 300 to pushing what that's as of the close probably yesterday right because we're looking at a number on this chart that's about 700 and what are we training right now in the video shares 778 for nvidia shares to the upside so they're coming into it man and and the ceo sounds very strong he's talking about numbers that could last through this year as we power forward yeah well this is one of the analysts out there but yeah i got a few articles that we could spend some time on for nvidia man they're topping that yeah upbeat forecast all right we jump around to what else we have going on we got to talk about atn t on a day like today man we're getting a glimpse of what may happen at some point folks as we all become very reliant on internet connections connect connectivity our phones they get a big disruption not sure exactly what is going on just yet nonetheless atn t down by 2.5 percent on a day that is to the upside like we haven't seen in some time so they're getting helped by a positive market as well but they are struggling the other company struggling is rivian absolutely amazing vehicles that they make man but boy they have a problem talked about this earlier on my program at nine o'clock this morning they're going to make as many cars this year as they made last year that is not what's supposed to be happening for this company man evs are in trouble to put it lightly lightly and i was even i mean these cars are amazing man i've looked at a rivian around the parking lot once you're in beautiful cars expensive cars you're spending almost six figures for a vehicle you better be getting a solid vehicle you got a few solid choices at that price level of course but boy for the first time ever i said man they have a cash crunch going on at some point they're losing dramatic amounts of money there seems to be a demand weakness across the board for evs and you got this company trading at 11 bucks think that's an all-time low let's check it out yeah that's an all-time low today man well off as i talked about when they push this out to the public at remarkably $100 per share even higher than that at the end of 2021 you jump over to tesla and tesla not getting impacted though as rivians got some issues they got to deal with man tesla positive with the market today s and p's up an even 100 point stay tuned folks we're going to come back we're going to be talking to ed eggelinsky managing director with direction we'll talk a little bit of markets talk a little bit etfs looking forward to it don't go away we'll be right back folks