Get the latest tech news
Nvidia is now worth $102M per employee
Nvidia’s run has been so remarkable that the market now believes the company is worth more than $100 million per employee....
The establishment survey — which asks businesses about employment levels — was quite solid, showing job growth of 272,000 that exceeded economists’ estimates by nearly 100,000. So this report is serving as pushback to other data released recently, like job openings, that were pointing to a definitive cooling in labor market conditions. The offering’s prospectus includes the message that the company “did not experience any material changes in our financial condition” from February 4 through June 6 – which seems a little odd, as GameStop raised nearly$1 billion by selling 45 million shares during May’s meme stock mania.
Or read this on Hacker News
