sport football: 📊 Nvidia Cheaper Than Costco

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It's Sunday.

In 1912, J.P. Morgan famously said, "Gold is money. Everything else is credit."

More than a century later, the metal is having another standout year, up 25% to $3,341 per ounce.

That follows a strong 26% gain in 2024, its best performance in 14 years.

Despite trading near all-time highs, bullish sentiment remains strong.

Goldman Sachs forecasts gold will reach $3,700 per ounce by year-end, and $4,000 by mid-2026.

Some key data bites from this week that you should know:

Someone made $70M in 60 seconds using options ahead of tariff pause.
Analysts are most split on earnings expectations for these 25 stocks.
Americans believe they need $1.26M to retire comfortably.
60% of CEOs expect a recession in the next 6 months.
Buy Now, Pay Later made up 60% of Coachella tickets.
China's GDP grew 5.4% YoY in Q1, ahead of 5.1% forecast.
Intel sold a majority stake in Altera for $4.5B.
Bill Ackman revealed a $46M stake in Hertz.
Mark Zuckerberg offered Snapchat $6B to buy it in 2013.
Meta previously offered to settle with the FTC for $450M, below $30B requested.
OpenAI is in talks to acquire AI startup Windsurf for $3B.
Apple airlifted $2B worth of iPhones from India in March to avoid tariffs.

In today's newsletter:

👜 The Fall of Louis Vuitton
⏱️ Never Time The Market
💳 AmEx's Pricing Power
🖨️ Netflix & Chill Prints Cash
🏷️ Nvidia Cheaper Than Costco

Let's jump right in.

Partner With Us

📣 Together With RYSE

Big Tech Has Spent Billions Acquiring AI Smart Home Startups

The pattern is clear: when innovative companies successfully integrate AI into everyday products, tech giants pay billions to acquire them.

Google paid $3.2B for Nest.
Amazon spent $1.2B on Ring.
Generac spent $770M on EcoBee.

Now, a new AI-powered smart home company is following their exact path to acquisition—but is still available to everyday investors at just $1.90 per share.

With proprietary technology that connects window coverings to all major AI ecosystems, this startup has achieved what big tech wants most: seamless AI integration into daily home life.

Over 10 patents, 200% year-over-year growth, and a forecast to 5x revenue this year — this company is moving fast to seize the smart home opportunity.

The acquisition pattern is predictable. The opportunity to get in before it happens is not.

INVEST BEFORE BIG TECH MAKES THEIR MOVE

_{Past performance is not indicative of future results. Email may contain forward-looking statements. See US Offering for details. Informational purposes only.}

LVMH is facing some champagne problems.

Shares fell 7% this week after the company reported a 3% decline in Q1 sales, missing analyst expectations of 2% growth.

The drop was led by an 8% decline in its wines and spirits segment and a 4% dip in fashion and leather goods.
Sales fell -3% in the U.S. and -11% in Asia (excluding Japan), reflecting ongoing consumer weakness in key markets.

This marked LVMH's fifth consecutive quarter of revenue declines.

The result? The company lost its crown as Europe's most valuable luxury company, overtaken by rival Hermès.

And with global trade tensions rising, the luxury sector could face more turbulence ahead.

The market's best days often hide in the shadows of its worst.

Over the past 20 years, six of the seven strongest days occurred right after major downturns, per research from JPMorgan Asset Management.
Missing just a few of those rebound moments can cut your returns by more than half.

From January 2005 to December 2024, a $10,000 investment grew to $72,000 if fully invested.

Missed the 10 best days? That drops to just $33,000.

Perfect timing is nearly impossible, and staying on the sidelines often means missing the upside.

American Express cardholders aren't flinching when it comes to spending.

The company's billed business rose 6% in Q1, while net revenue climbed 7% and EPS increased 9%.

The company maintained its full-year outlook, expecting 9% revenue growth and EPS of $15.25 at the midpoint.
Write-offs and delinquencies remain low at 1.5% and 2.1%, showing strong credit performance.

AmEx has also steadily raised the average fee per card, now at $111, up 185% since 2012.

Its affluent customer base remains resilient, continuing to spend consistently and absorb higher prices with ease.

Streaming demand remains strong, and Netflix is reaping the rewards.

The company posted strong Q1 earnings, comfortably beating expectations:

🟢 EPS: $6.61 vs. $5.71 Est.
🟢 Revenue: $10.54B vs. $10.52B Est.

Revenue rose 13% YoY, while operating income climbed 27%, driven by stronger-than-expected subscription and advertising growth.

In January, Netflix raised prices across all plans highlighting its pricing power even in a softer economy.
The company remains relatively insulated from recent trade tensions due to its digital model, and has been posting record free cash flow.

Looking ahead, Netflix plans to keep rolling out new series and films, expand its ad tech platform across the world, and grow its live content offerings.

It reaffirmed full-year guidance and, according to The Wall Street Journal, aims to double revenue and reach a $1T market cap by 2030.

It's not a busy week unless Nvidia is in the headlines.

On Monday, the company announced plans to build AI supercomputers entirely in the U.S.

Within four years, Nvidia expects to produce up to $500B worth of AI infrastructure domestically.

Then on Tuesday, the U.S. government said Nvidia will now require a license to export chips to China and several other countries indefinitely.

Shares declined after the company indicated it would take a $5.5B quarterly charge tied to unsold inventory previously intended for China.
CEO Jensen Huang visited China this week and reaffirmed the company's commitment to regulatory compliance and continued service in the Chinese market.

Nvidia stock is now down 27% this year, making its valuation increasingly compelling.

The company trades at 23x forward earnings, less than half of Costco's 53x.
This is despite long-term EPS growth estimates of 37%, compared to Costco's 9%, according to FinChat.

📣 Presented By RYSE

Apple Is Coming for the Smart Home — And Fast

Apple's rumored Face-ID door lock and smart display hub are more than just new products. It's a clear signal: they're going all-in on smart home automation.

The tech giant is doubling down on the smart home, the $158B industry that's growing 23% annually.

And with Apple's entry, investors are looking for the next breakout company - and potential acquisition target.

They're chasing Google (acquired Nest, $3.2B) and Amazon (acquired Ring, $1.2B).

History shows: when Apple plays catch-up, they go big.

And there's one startup perfectly positioned to benefit.

With 10+ patents, distribution in over 100 Best Buy stores, and a Home Depot launch in 2025, RYSE is built for a breakout.

Early investors in Ring and Nest saw life-changing returns.

Now, RYSE is open at just $1.90/share.

Invest today and unlock up to 25% in bonus shares

_{Past performance is not indicative of future results. Email may contain forward-looking statements. See US Offering for details. Informational purposes only.}

🚫 No Powell Put. Fed Chair Powell made it clear the central bank won't intervene just to prop up markets - YF

🥊 Meta vs FTC. Meta and Mark Zuckerberg went to trial to over monopoly claims - NPR

🧑‍⚖️ Google Guilty. A federal judge ruled that Google created an illegal ad monopoly - WSJ

📲 ChatGPT Social. OpenAI is considering building a social network to compete with X and Instagram - CNBC

👀 iPhone Watcher. Apple will start analyzing data on customers' devices to improve its AI platform - BB

🦾 AI Arsenal. NATO acquired an AI Military System from Palantir - YF

Courtesy of our paid partner, EarningsHub.

Notable Companies Reporting Earnings Week of April 20, 2025:

I use EarningsHub to track earnings, estimates, and receive AI summaries of investor calls.

If you'd like an all-in-one earnings tool and see all other companies reporting, I definitely recommend you check it out!

View Full Calendar Here!

Major Trades Published 4/14 - 4/18. Trades may be those of family members. [Source: 2iQ]

Buys

Jefferson Shreve (R)
- Company: AMD ($AMD)
  - Amount Purchased: $65K - $150K
- Company: Blackrock ($BLK)
  - Amount Purchased: $50K - $100K
- Company: Block ($SQ)
  - Amount Purchased: $50K - $100K
- Company: Lam Research ($LRCX)
  - Amount Purchased: $50K - $100K
Tim Moore (R)
- Company: American Airlines ($AAL)
  - Amount Purchased: $100K - $200K
- Company: Harley-Davidson ($HOG)
  - Amount Purchased: $95K - $250K
- Company: Ford Motor ($F)
  - Amount Purchased: $65K - $150K
Kelly Morrison (D)
- Company: Meta Platforms ($META)
  - Amount Purchased: $17K - $80K

Sells

Darrell Issa (R)
- Company: UBS Group ($UBS)
  - Amount Sold: $25M - $50M
Scott Franklin (R)
- Company: Brp Group Inc ($BWIN)
  - Amount Sold: $500K - $1M

Major Trades Published 4/14 - 4/18

Buys

Goldman Sachs ($GS)
- Insider: John Hess (Director)
  - # of Shares Purchased: 3,904
  - $ Amount: $1,997,584
  - SEC Forms: [1]
Dollar Tree ($DLTR)
- Insider: Stewart Glendinning (CFO)
  - # of Shares Purchased: 13,000
  - $ Amount: $946,750
  - SEC Forms: [1]

Sells

JPMorgan Chase & Co ($JPM)
- Insider: Jamie Dimon (Chairman & CEO)
  - # of Shares Sold: 133,639
  - $ Amount: $31,495,692
  - SEC Forms: [1]
Transdigm Group ($TDG)
- Insider: Kevin Stein (President & CEO)
  - # of Shares Sold: 20,000
  - $ Amount: $26,592,148
  - SEC Forms: [1]

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