Nvidia is projected to generate near $60 billion in free cash flow in its fiscal 2025 year.
The pan-European STOXX 600 rose 0.2% to close at a five-week-high, with luxury, mining and autos leading the sectoral gains. European stocks recorded their biggest percentage gain in six months on Thursday after the ECB raised its key interest rate to a record high of 4%, but with the eurozone economy in the doldrums, signalled that the hike was likely to be its last.Capital Economics: “We think the recent rally in the iron ore price will soon go into reverse. Steel demand in China has surged in recent months, but we think that will prove temporary.
Output of steel products ramped up 11% in August compared to a year earlier, signalling robust demand for iron ore.