On the "most exciting Wednesday" with both CPI and FOMC meeting, the May inflation data, which cooled down more than expected, once again ignited hopes for interest rate cuts. After the data release, traders increased the probability of a rate cut in September, and expected two more 25 basis points rate cuts this year. This optimistic sentiment even overshadowed the subsequent release of the "hawkish" dot plot, as well as the cauti...

The artificial intelligence (AI) boom has benefitted shareholders in several companies. For example, AI chip stocks such as NVIDIA Corporation and Advanced Micro Devices Inc have surged, while Super Micro Computer Inc, which develops AI-optimized servers, has also rallied significantly.
However, for those that missed out on the rally in those names, could there be another that is the next big AI winner?
As mentioned,...