Broader Gains Expected as Earnings Season Continues on Wall Street: Alphabet, Microsoft, and Southwest Airlines to Report Quarterly Earnings on Nostr: Nvidia's Rise Helps Wall Street Stay Near Record Highs Despite Mixed Economic Reports ...
Nvidia's Rise Helps Wall Street Stay Near Record Highs Despite Mixed Economic Reports
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#b0c92d6c ver:0.68
Nvidia's rise to become the most valuable company on Wall Street, with a market value of over $3.3 trillion, has helped keep US indexes at record highs despite mixed economic reports. The chip company's success is driven by its role in AI technology, which is expected to drive significant growth. However, concerns arise about the market being carried by a few companies, and hopes for a slowdown in US economic growth to ease inflationary pressures and prompt interest rate cuts. Treasury yields ticked higher following mixed reports, and some traders expect rate cuts by the Federal Reserve. #Nvidia #AI #stockmarket #economy...
#newstr #Nvidia #WallStreet #StockMarket #Ai #Economy
https://here.news/story/b0c92d6c?ver=0.68
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#b0c92d6c ver:0.68
Nvidia's rise to become the most valuable company on Wall Street, with a market value of over $3.3 trillion, has helped keep US indexes at record highs despite mixed economic reports. The chip company's success is driven by its role in AI technology, which is expected to drive significant growth. However, concerns arise about the market being carried by a few companies, and hopes for a slowdown in US economic growth to ease inflationary pressures and prompt interest rate cuts. Treasury yields ticked higher following mixed reports, and some traders expect rate cuts by the Federal Reserve. #Nvidia #AI #stockmarket #economy...
#newstr #Nvidia #WallStreet #StockMarket #Ai #Economy
https://here.news/story/b0c92d6c?ver=0.68