This was back in February. It's now at $3.22T, above the GDP of France. And it's the 3rd most valuable company in the US. The top 5 US companies are all worth more than Russia's GDP. But the market feels like a huge bubble right now...
(NVIDIA) “now at $3.22T, above the GDP of France... the market feels like a huge bubble right now...”
NVIDIA Price/Earnings over 76 now, but down from its peak of 144 last April 30th (2023).
Big Tech running 30-40. Long term stock market average is 16.
Its not suppose to be a bubble, but a spike - when the tech stocks go straight up, then they will go straight down - may not happen until 2026 - all things being the same