Nvidia’s forecast dampens AI enthusiasm of other technology stocks
Nvidia loses $200 billion in market value Other AI companies such as Broadcom, AMD, Microsoft and Amazon are also losing ground Investors’ high expectations led to disappointment despite Nvidia’s strong earnings August 28 (Reuters) – Nvidia shares (NVDA.O)opens new tab…
With US interest rate cuts looming, the chances of an economic “soft landing” could determine equity performance
Investors focus on economic data to gauge a soft landing Labor market data crucial for future interest rate cut expectations September is traditionally the weakest month for the performance of the S&P 500 Aug 26 (Reuters) – With rate cuts…
Gold prices hover near record after US Federal Reserve minutes
The price of gold reached a record high of $2,531.60 on Tuesday Dollar falls to more than seven-month low Yield on 10-year US Treasury bonds falls to more than 2-week low Palladium reaches more than one-month high Aug 21 (Reuters)…
