Shares of Nvidia surge over 24% on Thursday, May 25, after the firm reported forecast-smashing revenue.
, according to a person familiar with the talks. The two sides were just $70 billion apart on a deal, the source said.
Shares of Nvidia surged over 24% after the firm reported forecast-smashing revenue, indicating Wall Street has yet to price in the game-changing potential of artificial intelligence.The pan-European STOXX 600 index closed 0.3% lower, bringing its losses over three consecutive days to about 2.7%, knocked down by recent losses in luxury stocks and concerns over the talks to raise the US debt ceiling and avert a default.despite an initial reading suggesting otherwise.
released on Wednesday showed that policymakers “generally agreed” that the need for further rate increases “had become less certain.” The dollar index, which tracks the greenback against a basket of currencies of other major trading partners, rose to 104.25.
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