The Bo Jackson of the Stock Market

Happy Sunday — we hope you’re having a restful Labor Day weekend! While millions were likely focused on the festivities, with cookout or arduous travel prep well underway, many of us had our eyes mostly on (surprise) Nvidia, and the implications of the chipmaker’s latest blockbuster earnings report earlier this week. Don’t wanna debate politics this weekend? Debate Nvidia instead. Have feedback for us? Just hit reply - we'd love to hear from you!   What do Wall Street’s hottest stock and retired NFL & MLB All-Star Bo Jackson have in common? A little more than you might think. Bo is the only professional athlete in history to be named an All-Star in two major North American sports. He could play both. Nvidia is the same. Indeed, the company’s latest results, for which [expectations were understandably sky-high](, delivered the rarest of things: both outlandish sales growth and profit margins. Revenue was up 122% in the last year, and the company notched an impressive 55% profit margin over the last 4 quarters too. Those stats, like Jackson’s pedigree as a running back for the LA Raiders as well as a star slogger for the Kansas City Royals, put the AI chip giant in a completely different league to its S&P 500 peers, especially on our custom-made Bo Jackson Index… [Read: “Nvidia is the Bo Jackson of the stock market” and explore the full BJI.]( [Read: “Nvidia is the Bo Jackson of the stock market” and explore the full BJI.](   Other great stories from the week - [The most unlikely companies employing AI]( Nobody wants to miss the AI hype train, even if they only make bath bombs or beans. - [Telegram CEO’s shocking arrest was inevitable]( Pavel Durov’s arrest and preliminary charges in Paris might have been a long time coming. - [It's time for everyone's favorite end-of-summer tradition: insomnia]( The nightmarish reality of the back-to-school season shows up in Google searches. - [Temu app downloads have completely flatlined in the US]( American interest in the buzzy Chinese marketplace app looks to have peaked - [MrBeast is losing his edge]( A wave of controversies and newer content makers are threatening the YouTuber’s dominance.   Blowing the lid off the ATM explosion boom Europe has a big problem with criminals blowing up cash machines, with 2 explosive ATM attacks every day in 2023. While the US doesn’t have the same problem quite yet, authorities are sending out warnings about the increasing frequency of the attacks. Interestingly, ink and glue might be the messy sticking points that could deter robbers going forward. [Read: People just won’t stop blowing up ATMs.]( [Read: People just won’t stop blowing up ATMs.](   Thanks for stopping by! Have some [feedback](mailto:daily@chartr.co?subject=Feedback&body=Hi, I like the newsletters, but I had a thought for you...) or want to [sponsor this newsletter](mailto:advertising@sherwoodmedia.com?subject=I’m interested in advertising with Sherwood Media)?   Not a subscriber? Sign up for free below. [Subscribe](   [X]( [Instagram]( [Chartr Logo]( Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate... [See more]( [Sherwood Terms and Conditions]( [Our Editorial Standards]( [Contact Us](mailto:daily@chartr.co?body=Hi%2C%0A%0AI%20like%20the%20newsletters%2C%20but%20I%20had%20a%20thought%20for%20you...&subject=Feedback) [Advertise With Us](mailto:advertising@sherwoodmedia.com?body=I%E2%80%99m%20interested%20in%20advertising%20with%20Sherwood%20Media) [Unsubscribe](newsletter=chartr) [Privacy Policy](