Markets The Fed as expected lifted policy rates by 75 bps to what is now considered a neutral 2.25/2.50%. Chair Powell made clear that more tightening is appropriate as inflation remains high and the labour market still strong. And although the new statement mentions the softening in spending and production indicators, Powell refused to accept […]
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Nvidia (NVDA) easily beat analyst estimates in its fiscal third-quarter report. Revenue of $35.1 billion was up 94% from the year-earlier quarter and 17% from the second quarter. Earnings per share of 78 cents more than doubled Read more…
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