Gas prices fall below $4 a gallon for first time since July

Impact · against what's priced in

Falling gasoline prices and a deceleration in CPI provide a minor tailwind for broader consumer discretionary spending, but this is not a material catalyst for Nvidia or Oracle. The macro benefit of lower fuel costs is negligible compared to the specific AI infrastructure and legal risks currently driving their valuations.

NVDA+0.00

Doesn't touch the price's assumptions

In context

The shift to winter gasoline blends and a drop in pump prices to $3.97 do not impact the critical drivers of AI data center revenue growth or the legal scrutiny surrounding the CEO.

What NVDA's price assumes · Sep 1

• inflation▲31%
• geopolitics
• ORCL
• NVDA
• oil
• consumer price index
• energy policy
• gas prices
• middle east