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Nvidia earnings are so important this week, um
, but it, it is, it is in a tough place. It's in

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a tough place where it's had great results.
It's not trading in an elevated valuation,

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right? 19 times forward earnings expectations.
So there's maybe room for, for a surprise

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upside in Nvidia. That said, the bulk of
analysts following Nvidia already have buy

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ratings on it, and it's almost 8% of the S&P
500, it doesn't seem like there's a lot of room

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for active managers to add more to Nvidia. So
I think what we're really looking for is, is,

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is two key factors. So, one, what is the
demand for chips really, right? How is that,

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how is that playing out? Is it as robust as
we're seeing from other people? That'll be such

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an important factor in this AI story. 2,
Nvidia has been very much at the center of

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concerns about circular financing in the
artificial intelligence space, right? They've

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put together a consortium to lend money to, to
businesses to buy their chips. Right, I think

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there's a lot of questions the street really
has and would like to have answered about how

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is that working and should we be less
concerned than maybe we were initially about

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that, that financing arrangement? Because
certainly, what we've seen is a rampant

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corporate debt issuance in the month of August
, right? Where I think we're gonna be at about 1

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trillion.5 in new corporate debt in 2026. That
is a lot of money competing.

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For competing for investor attention and it
seems like it's pushing, especially long-term

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interest rates higher here in the US. So,
there is a lot of need for, for investment and

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is Nvidia's financing solution going to help
solve that problem or add to it.