@jawwwn_@60Minutes There is obviously no “degree” you can get from a university that actually teaches you how to make an orbital rocket, as none of the professors know how to do it!
@wholemars It is good, but not nearly intervention free to support a coast to coast trip. I've had to intervene when a bicyclist was about to cross in a crosswalk and similar when a jogger ran into the street in the crosswalk. There are times to pull over to use my phone or navigation.
This is absolutely incredible.
Investors now perceive Nvidia to be as creditworthy as the US government.
Nvidia's $NVDA, 5-year credit default swap (CDS) is trading at ~38 basis points, slightly below the US sovereign CDS, at 40 basis points.
In other words, markets consider the world's largest company to be less likely to default on its obligations than the US federal government.
This comes as in FY2026, Nvidia carried only ~$8.5 billion in total debt against ~$10.6 billion in cash and generated nearly $100 billion in free cash flow, giving it one of the strongest balance sheets of any company in the world.
Even if Nvidia's earnings dropped -90%, it would still rank among the 100 most profitable companies in the world.
Markets are treating Nvidia as one of the safest companies on the planet.
Key Events This Week:
1. May ISM Manufacturing PMI data - Monday
2. April JOLTS Job Openings data - Tuesday
3. May ISM Non-Manufacturing PMI data - Wednesday
4. Initial Jobless Claims data - Thursday
5. May Jobs Report - Friday
6. Total of 7 Fed Speaker Events This Week
This week is all about the labor market.