Nvidia, chip stocks rise on Fed's rate cut

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 59 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 41%
  • Publisher: 63%

The Federal Reserve Noticias

Nvidia,Seana Smith,Brad Smith

The Federal Reserve's decision to cut its benchmark interest rate by 50 basis points is giving chip stocks, including Nvidia (NVDA), Broadcom (AVGO), and AMD...

Let's talk a little bit about NVIDIA here this morning, NVIDIA rising along with a number of chip stocks including Broadcom.This is part of a larger rally off of the fed's 50 basis point rate cut.

I've been looking through a couple of notes over the course of this week that still continues to be one of the plays that investors and uh investment strategists are leaning into as of right now.And we actually had I I was doing the afternoon show yesterday, the Fed special and, and we had a chance to speak with Dan Ives in reaction to the basis and he was talking about back to no surprise.

So you're talking about the fact that maybe now if we do get a soft landing at the is in fact confident that we are going to be able to achieve that, then maybe we could see further move movement to the upside here for some of these semis going into the FOC two day meeting said without taking any single name views, we continue to like A I beneficiaries within the tech sector beyond technology, they see opportunities in quality companies with competitive market positions, resilient earnings...

The Protecteur du citoyen's 2023-2024 Annual Report - News release 5 - Public integrity investigations put an end to abuses Respected Military Advocate Bryan Bergjans Joins loanDepot as National Director of Military Growth and Strategy

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 47. in ES
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Nvidia earnings, Fed rate cuts, Israel-Hezbollah: 3 ThingsAI chip maker Nvidia (NVDA) will report second quarter earnings after the closing bell on Wednesday, August 28. Follow along with Yahoo Finance's latest...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Stocks open mixed amid Fed rate comments, Nvidia earningsUS stocks (^DJI, ^IXIC, ^GSPC) open the last full trading week of September mixed, the Nasdaq Composite moving just below its flatline at the session's start...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Nvidia earnings, July PCE, Fed's Bostic: What to WatchBig Tech earnings are coming out next week in full force, with Nvidia (NVDA) to release its second quarter results after the market close on Wednesday...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »