MACRO
Inflation Slows Again, CPI Shows, and Might Keep Fed on Sidelines
Increase in core CPI in past year slips to 5.3%. Consumer prices rose a scant 0.1% in May, kept in check by cheaper oil. Inflation more broadly showed little sign of rapid deceleration, however.
The yearly rate of inflation slowed to 4% from 4.9%, marking the lowest level since March2021. Grocery and gas prices have been on the wane af...

[Rewards] Nvidia spiked on Q1 earnings' jaw-dropping beat, driven by A.I. chip demand
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KEY Figures:
● Q1 revenue was $7.19 billion, down 13% YoY (year-on-year) but up 19% from the previous quarter. Specifically, Data Center revenue was a record, up 14%, led by growing demand for generative AI and large language models.
● Quarterly GAAP net income was $2,043 millio...