The Federal Reserve's latest meeting has resulted in a sharp decline in both the stock and Treasury markets, while the dollar has surged to its highest level since 2022. Although the market had anticipated this meeting, the hawkish tone exceeded expectations, underscored by four key points: 1、Significant Reduction in Rate Cut Projections 2、Notable Increase in 2024 PCE Inflation Forecasts 3、Clear Indication of Upside Risks to In...
$NVIDIA (NVDA.US)$The main Wall Street indices slumped on Wednesday after the US central bank cut interest rates, but also signaled that it was likely to only cut interest rates twice next year, down from the four reductions seen in September’s forecast. The blue chip Dow Jones Industrial Average fell over 1,000 points, or 2.6%, its 10th straight loss, while the S&P 500 dropped almost 3% and the Nasdaq Composite slipped 3.6%, its worst day since late July. Still this rout in technology stocks ...
Nvidia Vs. Broadcom? The Battle for AI King Won't Be Close. -- Barrons.com Everyone wants to beat Nvidia. Several media outlets recently espoused the narrative that the AI chip king would soon face tougher competition as large technology companies get help from Broadcom and Marvell to make better custom AI chips. Last week, Broadcom shares surged 24% a day after CEO Hock Tan painted an extremely positive picture for the AI chip market, saying the opportunity would be "massive" over the next fe...
NVIDIA Stock Forum
1、Significant Reduction in Rate Cut Projections
2、Notable Increase in 2024 PCE Inflation Forecasts
3、Clear Indication of Upside Risks to In...
The blue chip Dow Jones Industrial Average fell over 1,000 points, or 2.6%, its 10th straight loss, while the S&P 500 dropped almost 3% and the Nasdaq Composite slipped 3.6%, its worst day since late July.
Still this rout in technology stocks ...
Everyone wants to beat Nvidia. Several media outlets recently espoused the narrative that the AI chip king would soon face tougher competition as large technology companies get help from Broadcom and Marvell to make better custom AI chips.
Last week, Broadcom shares surged 24% a day after CEO Hock Tan painted an extremely positive picture for the AI chip market, saying the opportunity would be "massive" over the next fe...
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