Hi YXI friends,

NVDA made a big point last night on the continued strength of the AI cycle. Its revenue, as the world’s most valuable company, accelerated in Q3, driven by megacap spending on Compute and Networking.

Today we will start with NVDA’s earnings review, before covering the key charts in our macro universe.

Housekeeping: I am travelling to New York (for leisure) tomorrow and won’t be back until Thanksgiving. Our next daily insights will be on December 1st. Our daily ML signals are unaffected during this period. Happy Thanksgiving!

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DISCLAIMER: This newsletter is intended for educational purposes only. Any information or analysis in this note does not constitute an offer to sell or a solicitation of an offer to buy any securities. Nothing in this note is intended to be investment advice, nor should it be relied upon to make investment decisions. Any opinions, analyses, or probabilities expressed in this note are those of the author as of the note's date of publication and are subject to change without notice.

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