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<ul class="summary-list"><li>This post originally appeared in the Insider Today newsletter.</li></ul>Welcome to November! A Colorado-based woman spent six months in Europe. If she had to move anywhere, <a target="_blank" href="https://www.businessinsider.com/prague-favorite-european-city-from-frequent-traveler">she'd choose this country</a> for its beauty, architecture, and walkability.On the agenda:<ul><li>The true costs of raising children <a target="_blank" href="https://www.businessinsider.com/childcare-costs-without-grandparents-help-millennial-parents-boomers-2024-10">without grandparental care</a>.</li><li>Saving "John Wick" started Eva Longoria's investing career. <a target="_blank" href="https://www.businessinsider.com/eva-longoria-john-wick-investments-money-worth-2024-10">Now, it's her "day job."</a></li><li>A golfer who's been to hundreds of courses around the world <a target="_blank" href="https://www.businessinsider.com/best-golf-courses-in-the-world-from-frequent-golfer">shares his favorites</a>.</li><li>Millennials are turning 40. <a target="_blank" href="https://www.businessinsider.com/millennials-middle-age-40-savings-careers-kids-boomers-gen-z-2024-10">It's really freaking them out</a>.</li></ul>But first: Ready, set, go!If this was forwarded to you, <a target="_blank" href="https://www.businessinsider.com/subscription/newsletter/insider-today-sunday-edition">sign up here</a>. Download Insider's app <a target="_blank" rel="" href="https://www.insider.com/app">here.</a><h3 id="2d2d81c1-e984-4ab1-b11e-26ada0d3da0b">This week's dispatch</h3><div type="image" title="Photo collage of Julia Pugachevsky with healthy food items before a marathon" height="1500" width="2000" msid="114883046" hostid="261" sizebytes="272652"></div><h2 id="ef84679e-5101-4303-beb5-fc75bc92b8c0">It's marathon season</h2>It'll be nearly perfect running weather on Sunday when the New York City Marathon kicks off in Staten Island.Business Insider's senior reporter Julia Pugachevsky is among the more than <a target="_blank" href="https://www.businessinsider.com/run-clubs-marathon-style-nike-lululemon-garmin-hoka-bandit-2024-10">50,000 runners expected to participate</a> in the world's largest marathon. She asked a dietician to help curate the perfect diet to prepare for the big race.Sports dietician Jena Brown, who specializes in endurance racing, told Julia to ensure she's eating enough carbs, lean protein, and fluids. Doing so will <a target="_blank" href="https://www.businessinsider.com/how-to-eat-before-running-marathon-2024-10">improve her physical performance and mental agility</a>.While most runners look forward to the carb-loading part of their training, Brown suggested not to overdo it the night before the race — avoid anything too rich and spicy. Instead, opt for a baked potato with little toppings or pasta in a simple tomato sauce.A sound pre-marathon diet is likely routine for the race's previous winners who are defending their titles, including men's professional winner Tamirat Tola. Other familiar faces will include Olympian silver medalist Bashir Abdi, "Bachelorette" star Tayshia Adams, and comedian and bestselling author Phoebe Robinson.Good luck, runners!<h2 id="cc30e20d-acf4-4a4e-ad8f-02c3a04a9dbb">O grandfather, where art thou?</h2><div type="image" title="A collage of a woman holding a child's hand, with an older couple and money in the background" height="1500" width="2000" msid="114883042" hostid="261" sizebytes="432498"></div>Raising a child is a huge financial strain: Care for one child can cost between $4,800 and $15,000 a year in the United States. But families who get no childcare help from their grandparents face an additional cost.Millennial parents say it's exhausting and isolating to raise a young child without the support of their parents. Some have moved states or changed careers to make childcare work. Others have nearly given up on having another child altogether.<a target="_blank" href="https://www.businessinsider.com/childcare-costs-without-grandparents-help-millennial-parents-boomers-2024-10">The hidden cost of missing grandparents</a>.<h2 id="f3efdf5d-fcfc-4813-9e6c-8e3b9040c25d">Eva Longoria's investment empire</h2><div type="image" title="Eva Longoria at a red carpet." height="1168" width="1557" msid="114883039" hostid="261" sizebytes="43346"></div>The "Desperate Housewives" actress became the unlikely savior of "John Wick" when she provided $6 million to close a gap in financing.At the time, she says, she had "no idea" how investing worked. But in the 10 years since, Longoria has built an investment empire that includes soccer clubs, a tequila brand, and her own production company. "I want to be making money while I'm sleeping," she said.<a target="_blank" href="https://www.businessinsider.com/eva-longoria-john-wick-investments-money-worth-2024-10">Inside Longoria's "day job."</a><h2 id="4e812ecf-a060-401e-9848-be206a63cddb">The world's best golf courses</h2>David Weiss has spent over 30 years traveling to and writing about golf courses. Of the more than 200 greens he's visited, he's picked favorites.Cypress Point Club in Pebble Beach, California, overlooks crashing surf and craggy rocks. Further south, you can see the glimmering Sea of Cortez from all 18 holes at Cabo del Sol in Mexico.<a target="_blank" href="https://www.businessinsider.com/best-golf-courses-in-the-world-from-frequent-golfer">See the rest of his picks</a>.Also read:<ul><li><a target="_blank" href="https://www.businessinsider.com/high-end-golf-course-mistakes-to-avoid-seasoned-golfer-2024-8">I've been to over 200 high-end golf courses around the globe. Here are 8 mistakes I always see first-timers make</a>.</li></ul><h2 id="483172dd-9e06-415f-8357-1bdb6f813f7b">Millennials face down 40</h2><div type="image" title="A &quot;40&quot; candle in avocado toast" height="1500" width="2000" msid="114883045" hostid="261" sizebytes="86778"></div>Millennials born between 1981 and 1984 are staring down a scary new milestone: middle age. Everyone in that range has hit 40, or is about to — and they're kind of freaking out.Many are turning 40 after only recently reaching typical adult milestones like marriage and kids. The delay means that millennials' mid-life crisis looks totally different from that of their boomer parents.<a target="_blank" href="https://www.businessinsider.com/millennials-middle-age-40-savings-careers-kids-boomers-gen-z-2024-10">Millennials are sweating their age</a>.<h2 id="5fef756b-4b6b-4037-8f33-9635854b9d8b">What we're watching this weekend</h2><div type="image" title="A television showing Kathryn Hahn as Agatha" height="1500" width="2000" msid="114883222" hostid="261" sizebytes="386206"></div><ul><li>"Only Murders in the Building": Season four of Hulu's hit series about a rag-tag trio of true crime podcasters turned actual crime solvers ended this week, setting up the next big mystery.</li><li>"Agatha All Along": Marvel's "WandaVision" spin-off series starring Kathryn Hahn as Agatha Harkness concluded with a two-episode season finale filled with plot twists.</li><li>"Martha": A new Netflix documentary gives fans a personal look into lifestyle icon Martha Stewart's career, from a teen model to a self-made billionaire.</li></ul><a target="_blank" class="" href="https://www.businessinsider.com/best-shows-movies-streaming-netflix-hulu-disney-november-1-24">See the full list</a>.<div type="image" title="A red shopping bag surrounded by $100 bills." height="1500" width="2000" msid="114883224" hostid="261" sizebytes="244828"></div><h2 id="a09a70ef-5e7e-4bf4-80b2-3731f70bdc6e">Deals we love</h2><ul><li>Dupes for a classic shoe: Adidas Sambas are everywhere right now, but if you want something a little more original, check out <a target="_blank" href="https://www.businessinsider.com/guides/style/adidas-sambas-alternatives">these alternative sneakers</a> that put a refreshing twist on the classic Samba design.</li><li>Glasses we love: Affordable and easy to shop, Zenni is one of our favorite places to find customizable prescription eyewear. <a target="_blank" href="https://www.businessinsider.com/zenni-prescription-glasses-review">In our review</a>, two of our editors break down their shopping experiences with the online retailer.</li><li>Ditch the pencil skirt: Women's workwear can be so much more. We gathered <a target="_blank" href="https://www.businessinsider.com/guides/style/where-to-shop-for-womens-workwear-clothes">19 of our favorite places to find stylish and affordable women's work clothes</a>, from two-piece suits to bold blouses.</li></ul><h2 id="3a2e4b99-8063-4f80-8653-d1ec4a2af89a">More of this week's top reads:</h2><ul><li>Five surprising things about <a target="_blank" href="https://www.businessinsider.com/what-its-like-to-be-on-house-hunters-international-2024-10">being on "House Hunters International."</a></li><li>The hottest home product on the market is ... <a target="_blank" href="https://www.businessinsider.com/expensive-hand-soap-gateway-luxury-shopping-2024-10">designer soap</a>?</li></ul><ul><li>At 80, Jazzercise's founder is thriving. <a target="_blank" href="https://www.businessinsider.com/jazzercise-founder-longevity-habits-strong-active-age-80-2024-10">Here are her longevity tips</a>.</li></ul><ul><li>What it's like to stay at a <a target="_blank" href="https://www.businessinsider.com/i-stayed-in-luxury-hostel-jackson-hole-was-worth-it-2024-10">high-end hostel in Jackson Hole, Wyoming</a>.</li><li>College content creators are cashing in on <a target="_blank" href="https://www.businessinsider.com/gen-zs-use-tiktok-resource-finding-college-research-university-sponsorship-2024-10">Gen Z's hunt for the perfect school</a>.</li><li>People leaving California head to <a target="_blank" href="https://www.businessinsider.com/most-people-leaving-california-moved-to-these-states-2024-10">these three states for greener pastures</a>.</li><li>A mega-earthquake could strike the Pacific Northwest any day. <a target="_blank" href="https://www.businessinsider.com/big-one-earthquake-cascadia-pacific-northwest-predictions-2024-10">We're not prepared</a>.</li><li>Rucking meetings are <a target="_blank" href="https://www.businessinsider.com/rucking-meetings-combine-networking-and-fitness-for-high-performers-2024-10">the hot new business trend</a>.</li><li>Gen Z is calling the shots on <a target="_blank" href="https://www.businessinsider.com/gen-z-increasingly-dictating-family-vacation-itinerary-2024-10">the family vacation now</a>.</li><li>Why one cruiser will always opt for <a target="_blank" href="https://www.businessinsider.com/alaskan-cruises-best-things-views-better-than-tropical-ships-2024-10">Alaskan voyages over any other route</a>.</li></ul>The Insider Today team: <a target="_blank" href="https://www.businessinsider.com/author/dan-defrancesco">Dan DeFrancesco</a>, deputy editor and anchor, in New York City. <a target="_blank" class="" href="https://www.businessinsider.com/author/jordan-parker-erb">Jordan Parker Erb</a>, editor, in New York. <a target="_blank" href="https://www.businessinsider.com/author/lisa-ryan">Lisa Ryan</a>, executive editor, in New York. <a target="_blank" class="" href="https://www.businessinsider.com/author/amanda-yen">Amanda Yen</a>, fellow, in New York.

Insider Today: The world's best golf courses

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<ul class="summary-list"><li>The price of gold hit all-time highs this week.</li><li>Falling interest rates and rising geopolitical tensions boost gold's appeal as a safe haven asset.</li></ul>The price of <a target="_blank" class="" href="https://markets.businessinsider.com/commodities/gold-price">gold</a> has soared this year.The precious metal hit a record high of $2,772 per troy ounce this week and has risen in six of the past seven weeks.With year-to-date gains of about 33%, gold returns have outpaced the broader stock market, including the tech-heavy <a target="_blank" class="" href="https://markets.businessinsider.com/index/nasdaq_100">Nasdaq 100</a>, by about 10 percentage points.And since the bull market in stocks began in October 2022, gold has outpaced equity gains, returning 67% compared to the <a target="_blank" class="" href="https://markets.businessinsider.com/index/s&amp;p_500">S&amp;P 500's</a> return of about 63%, according to data from YCharts.Those superior returns make the metal one of the world's hottest investments.The largest gold ETF, the SPDR Gold Shares, has $78 billion in assets under management and has seen about $5 billion of inflows in the past six months, according to data from ETF.com.Physical gold is also having a moment. Costco has consistently sold out of gold bars when they become available on their website and Wells Fargo estimates that <a target="_blank" class="" href="https://www.businessinsider.com/costco-gold-bars-silver-coins-monthly-sales-wells-fargo-bullion-2024-4">Costco sells up to $200 million in gold bars</a> and silver coins to its members each month.It's been a perfect storm for the yellow metal, and the outlook suggests more gains ahead. Here's what's going on.<h3 id="5edb3548-699e-4d4d-ba18-d306c30fcf12">Demand from central banks</h3>Global central banks have been on a gold-buying spree over the past few years.According to the World Gold Council, central banks purchased a record 483 tons of gold in the first half of the year. Central banks from Turkey, India, and China topped the list of the biggest buyers.Part of the surge in demand is from countries that want to diversify their holdings away from the US dollar. "We believe that the tripling in central bank purchases since mid-2022 on fears about US financial sanctions and US sovereign debt is structural and will continue," <a target="_blank" class="" href="https://markets.businessinsider.com/news/commodities/gold-price-outlook-buy-continued-rally-next-year-2025-goldman-2024-9">Goldman Sachs said</a> in a note last month.This dynamic has been on display since Russia invaded Ukraine in 2022, as America sought to inflict maximum economic damage on Russia via sanctions. But it's harder to implement sanctions against a country that is less reliant on the dollar, and one way to be less reliant on the dollar is to buy gold.It is a dynamic that the US should be closely monitoring, according to economist Mohamed El-Erian.El-Erian wrote <a target="_blank" class="" href="https://www.ft.com/content/b5fb1e6b-bb8d-4ab5-9c92-f1f6fc40a54b?utm_source=substack&amp;utm_medium=emailhttps://www.ft.com/content/b5fb1e6b-bb8d-4ab5-9c92-f1f6fc40a54b?utm_source=substack&amp;utm_medium=email">in an op-ed for the FT</a> this week that the persistent rise in gold "captures an increasingly persistent behavioural trend among China and 'middle power' countries.""There is also interest in exploring possible alternatives to the dollar-based payments system that has been at the core of the international architecture for some 80 years."Russia has had some success with this, as it's managed to navigate its economy away from a full-fledged downturn after the US imposed wide-ranging sanctions in 2022.Russia's ability to steer its de-dollarized economy away from a crisis could give other countries confidence to lessen their dependence on the dollar, which ultimately benefits gold."What is at stake here is not just the erosion of the dollar's dominant role but also a gradual change in the operation of the global system," El-Erian said. "As it develops deeper roots, this risks materially fragmenting the global system and eroding the international influence of the dollar and the US financial system.<h3 id="8959c97e-7efe-42f8-a1a3-3fa362c5ac51">Geopolitical tensions</h3>Gold is <a target="_blank" class="" href="https://markets.businessinsider.com/news/commodities/gold-safe-haven-treasurys-us-national-debt-bofa-fiscal-expansion-2024-10">considered a safe haven asset</a> due to its long-standing history as a stable store of value.So when geopolitical tensions rise, investors tend to flock to the shiny metal, and right now, there is no shortage of reasons to be worried.From Russia's war against Ukraine to the escalating clashes in the Middle East to China's long-running threat against Taiwan's independence, geopolitical tensions are rising, not falling.What's more, soaring US debt means that Treasurys—another historical safe haven asset—might not be so risk-free anymore."Gold looks to be the last 'safe haven' asset standing, incentivising traders including central banks to increase exposure," <a target="_blank" class="" href="https://markets.businessinsider.com/news/commodities/gold-safe-haven-treasurys-us-national-debt-bofa-fiscal-expansion-2024-10">Bank of America said</a> in a note this month. <h3 id="29ec9208-7951-47bd-89c8-75f2d6320ca9">The Trump trade</h3>The <a target="_blank" class="" href="https://markets.businessinsider.com/news/stocks/donald-trump-trade-rally-betting-markets-kamala-harris-bitcoin-djt-2024-10">Trump trade has picked up steam recently</a> as the former president's odds of winning the election have risen, and gold has been a big beneficiary.That's because a potential Trump presidency is expected to be accompanied by a soaring government deficit and a fast-growing pile of debt, which would further drive concerns about a rebound in inflation and the sustainability of the US dollar."If you're worried about fiscal profligacy, financial repression, and attacks on Fed independence, gold would be an attractive asset," economist Davix Oxley of Capital Economics said on Friday.Even if Trump doesn't win the election, the deficit is likely to grow, setting gold up well for more gains, according to Interactive Brokers chief strategist Steve Sosnick."It's not as though either candidate is preaching fiscal discipline, and the Fed seems willing to keep cutting even if inflation remains a bit above target. So there is a thought that gold could be a viable alternative if rates rise and the economy remains sound. And if the economy isn't sound it could still be a good store of value," Sosnick told Business Insider."<h3 id="dadb04c2-defd-4fe4-a269-2b48d277b4de">Interest rates</h3>According to data from the World Gold Council, falling interest rates have historically benefited gold prices, with the commodity rising as much as 10% in the six months after the Federal Reserve's first rate cut.With the Fed expected to cut interest rates multiple times over the next year, lower rates should serve as a tailwind for gold prices.While interest rates<a target="_blank" class="" href="https://www.businessinsider.com/mortgage-rate-increase-since-federal-reserve-cut-interest-rates-housing-2024-10"> actually jumped since the Fed's first rate cut</a> last month, with the 10-year Treasury yield hitting its highest level since July this week, gold prices have continued to rise.That's a sign that gold investors are more focused on the global interest-rate path, which is pointing lower as global central banks look poised to loosen monetary policy.The People's Bank of China cut rates by 25 basis points this week, while the Bank of Canada cut by 50 basis points. The European Central lowered rates by 25 basis points last week, and economists say they see the Bank of England <a target="_blank" class="" href="https://www.cnbc.com/2024/10/22/why-economists-see-the-uk-cutting-interest-rates-more-substantially.html">set to deliver bigger rate cuts</a> than previously expected by markets.

How gold became one of the world's hottest investments

<ul class="summary-list"><li>The <a target="_blank" class="" href="https://www.businessinsider.com/guides/tickets/how-to-buy-world-series-tickets-yankees-dodgers-mlb-2024">Dodgers and Yankees</a> will face off in the MLB 2024 World Series.</li><li>Behind the teams are billionaire owners Mark Walter and the Steinbrenner family, respectively.</li></ul>When the <a target="_blank" class="" href="https://www.businessinsider.com/yankees-dodgers-rivalry-history-world-series">Dodgers and Yankees</a> take the field to battle it out for the 120th World Series championship, the players won't be the only ones with trophies on the line.Behind the teams are their billionaire owners, who have built two of baseball's most valuable franchises.<a target="_blank" href="https://www.businessinsider.com/magic-johnson-may-be-the-new-face-of-the-dodgers-but-this-is-the-real-owner-2012-3">Mark Walter, the CEO of investment firm Guggenheim Partners,</a> is the Dodgers' controlling owner. The financier is worth $6 billion, according to Forbes.In 2012, Walter led a team of investors, which included now billionaire <a target="_blank" class="" href="https://www.businessinsider.com/nba-magic-johnson-billionaire-forbes-nike-deal-turned-down-billion-2023-10">Magic Johnson</a> and former Atlanta Braves president Stan Kasten, among others, in putting together a<a target="_blank" href="https://www.businessinsider.com/report-group-led-by-magic-johnson-buys-dodgers-for-2-billion-2012-3"> $2.15 billion bid for the Los Angeles team</a> and the land around its stadium. At the time, the deal broke records with a sales price more than double that of the previous highest MLB team sale.Under the new ownership, the Dodgers underwent a turnaround. Decisions were made to appeal to fans' in-stadium experience — parking prices were lowered, for example; there were investments in the Dodgers' farm system and its roster; and since 2013, the team has made the playoffs every year, including in 2020, when it won its first World Series in over 30 years."I'm not trying to save a dollar," Walter told <a target="_blank" href="https://www.latimes.com/sports/dodgers/la-xpm-2012-jul-25-la-sp-dn-dodgers-acquire-hanley-ramirez-20120725-story.html">The Los Angeles Times</a> in 2012. "I'd rather say we have a great team and maybe spend a little too much."In the 12 years since Walter's group purchased the Dodgers, the team's value has nearly tripled to $6.3 billion, and in the last year alone, its value has increased 20%, according to <a target="_blank" href="https://d3data.sportico.com/MLBValuations2024/MLBValuationsList.html">Sportico</a>.Unlike the likes of Walter and Johnson, who purchased the Dodgers after becoming wealthy, the billionaires behind the Yankees are rich because of the team.The <a target="_blank" href="https://www.businessinsider.com/george-steinbrenners-purchase-of-new-york-yankees-paid-off-2015-3">Steinbrenner family has owned the Yankees</a> for decades. George Steinbrenner led a group that bought the team from CBS for about $10 million in 1973, and over the next 27 years, he expanded his stake to 57%.Now, the team is owned by George's kids, Hank Steinbrenner, Jessica Steinbrenner, Hal Steinbrenner, and Jennifer Steinbrenner Swindal. The siblings are each worth $1.5 billion, per Forbes.The bulk of the Steinbrenners' fortune is tied up in the Yankees, which is MLB's most valuable franchise, worth $7.93 billion, according to <a target="_blank" href="https://d3data.sportico.com/MLBValuations2024/MLBValuationsList.html">Sportico</a>. In addition to owning the team, the Steinbrenner family owns more than 25% of the franchise's YES Network, as well as stakes in Major League Soccer's New York City FC, stadium operations company Legends Hospitality, and Italian soccer club AC Milan, Forbes reported.Professional sports teams have become <a target="_blank" href="https://www.businessinsider.com/10-billionaires-who-are-sports-team-owners-2024-5">popular toys for the superrich</a> — and good investments, as the spike in the Dodgers and Yankee valuations shows. In recent decades, the valuations of US sports franchises have outpaced the S&amp;P 500, according to <a target="_blank" href="https://pitchbook.com/news/articles/private-equity-sports-investment-dashboard">PitchBook</a>.The <a target="_blank" href="https://www.businessinsider.com/top-private-equity-firms-investing-in-sports-teams-leagues-media-2024-4">growing valuations</a> are due to streaming services driving up the cost of broadcast rights, the influx of revenue from sports betting, and the asset's recession-proof reliability."I've got a company that no matter how bad it does, I don't lose a customer. No matter how much I underperform, I still have that customer. That's a pretty unique asset. And so that's why we're investing in sports," billionaire Marc Lasry, who sold his stake in the Milwaukee Bucks last year, told <a target="_blank" href="https://www.sportico.com/business/finance/2024/coffey-talk-marc-lasry-1234801999/">Sportico</a> earlier this month on owning a team.<a target="_blank" href="https://www.businessinsider.com/rich-sports-team-owners-investing-private-equity-2023-9">Banks have seen a flurry of activity from private equity firms and billionaires</a> alike who want to get into sports — so much so that Goldman Sachs launched a new unit to advise on sports deals last year.Sports teams are "assets that used to be thought of as nice-to-have trophy assets that you could talk about at cocktail parties," Ivo Voynov, the head of sports finance at Citi Private Bank, told BI last year. Now, there's a sense of "building up real companies around these assets."

Meet the billionaires battling it out in the 2024 World Series

<ul class="summary-list"><li>Nvidia briefly surpassed Apple as the world's most valuable company on Friday with a $3.53 trillion valuation.</li><li>Nvidia's rise has been fueled by its AI-enabling GPUs, boosting its market value by $3.1 trillion since the release of ChatGPT.</li></ul><a target="_blank" class="" href="https://markets.businessinsider.com/stocks/nvda-stock">Nvidia</a> briefly eclipsed <a target="_blank" class="" href="https://markets.businessinsider.com/stocks/AAPL-stock">Apple</a> to become the world's most valuable company on Friday.It's the first time Nvidia has been <a target="_blank" class="" href="https://markets.businessinsider.com/news/stocks/nvidia-stock-price-market-cap-microsoft-most-valuable-company-ai-2024-6">the world's largest company since mid-June.</a>Nvidia stock jumped as much as 3% on Friday to an intra-day high of $144.13, catapulting its market valuation to $3.53 trillion. In contrast, Apple traded up less than 1%, giving it a market valuation of $3.52 trillion.Nvidia stock has since pared its gains to about 1% and is trading neck-and-neck with Apple's valuation, at $3.52 trillion compared to Apple's $3.53 trillion at 1:24 p.m., according to data from YCharts.The massive size of Nvidia is a testament to its quick ascent since OpenAI released its first version of ChatGPT in November 2022.Since then, shares of Nvidia, which supplies the technology world with AI-enabling GPU chips, have added $3.1 trillion to their market valuation, with their stock price soaring more than 740%.<a target="_blank" class="" href="https://markets.businessinsider.com/news/stocks/nvidia-stock-price-prediction-nvda-blackwell-demand-outlook-chips-ai-2024-10">Wall Street believes the gains can continue,</a> with some analysts expecting the stock to eclipse a $4 trillion valuation soon.Bank of America analysts raised their Nvidia price target to $190 last week, citing strong upside and a <a target="_blank" class="" href="https://markets.businessinsider.com/news/stocks/nvidia-stock-upside-growth-ai-chips-demand-bofa-2024-10">"generational opportunity" </a>as it grows its lead in the AI space. Meanwhile, CFRA Research analyst Angelo Zino bumped his price target to $160 as an "AI war" takes place among the major cloud companies."The higher multiple and target reflect our higher conviction that NVDA will post results that exceed our/consensus views in CY 25, as Blackwell ramps. As we previously cited, Blackwell will take greater wallet share from hyperscalers (e.g., greater GPU, CPU, networking, and software revenue) amid an AI war in the cloud," Zino wrote.All eyes will be on Nvidia when they report their third-quarter earnings results next month.

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