Daily Brief United States: NVIDIA Corp, Rumble and more

• NVIDIA deploys a three-pronged strategy to support the rapidly growing AI ecosystem. First, Corporate Investments. Second, NVentures. Third, NVIDIA Inception.
• NVentures supports innovators who are deeply relevant to NVIDIA. NVentures aims to produce solid financial returns while growing the ecosystem.
• NVIDIA participated in 35 deals in 2023 (6x more than in 2022). It has been more active than firm like Andreessen Horowitz and Sequoia.

• Short Rumble with a price target of $0.90 per share, representing an 88% downside
• Despite recent partnerships and market cap boost, company faces challenges like negative cash flow, declining user numbers, and inexperienced management
• Investment is risky due to technical factors like limited available shares and high borrowing costs, advises monitoring stock performance and adjusting position sizes based on upcoming election结果

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.