The US Federal Reserve officials seem to be leaning towards a skip in September, though they are open to a hike later this year, thus November rate hike probability stands above 50% currently.
CoreWeave reported strong earnings, easing investor concerns about spending on AI infrastructure and boosting stock prices. Both the S&P 500 and Nasdaq witnessed gains following
Michael Burry sees a near-term trading opportunity in Nvidia despite his broader concerns about AI valuations. The Big Short investor believes Jensen Huang’s personal controversy
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