Nvidia’s massive future spending commitments ‘make the company’s risk profile more complex,’ Saxo says

Good morning.

On Fortune’s radar today: Nvidia’s $366 billion asterisk.

Markets: Holding pattern.

Warsh speaks today—but will he say anything? Target vs.

Walmart: The most misleading chart in stocks.

Gap CEO Richard Dickson on where the chain went wrong : “Somewhere along the way, we lost the story and became more about the stuff.” Europe’s vibe shift.

Kevin O’Leary (net worth $400 million) pays only $29 for his jeans . ➡️ Did someone forward you this email? If you would like to receive this information directly, every morning before the markets open in New York, sign up here .

This story was originally featured on Fortune.com