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Sellers are disappearing into thin air as investors prepare for the Federal Reserve to cut interest rates for the first time since the pandemic.
The S&P 500 surged 4 percent between Friday, September 6, and Friday, September 13. It was the biggest weekly gain since the index started rallying 10 months ago. The Nasdaq-100 had an even bigger move, advancing 5.9 percent.
Relief about semiconductors connected to the AI boom helped trigger the rally.
“We are ramping Blackwell and it’s in full production,” Nvidia (NVDA) CEO Jensen Huang said on Wednesday. That eased worries that a key chip for accelerated computing would be delayed. “We’ll … start scaling in Q4 and into next year… the demand on it is so great,” he added.
Sellers are disappearing into thin air as investors prepare for the Federal Reserve to cut interest rates for the first time since the pandemic.
The S&P 500 surged 4 percent between Friday, September 6, and Friday, September 13. It was the biggest weekly gain since the index started rallying 10 months ago. The Nasdaq-100 had an even bigger move, advancing 5.9 percent.
Relief about semiconductors connected to the AI boom helped trigger the rally.
“We are ramping Blackwell and it’s in full production,” Nvidia (NVDA) CEO Jensen Huang said on Wednesday. That eased worries that a key chip for accelerated computing would be delayed. “We’ll … start scaling in Q4 and into next year… the demand on it is so great,” he added.
this is a paragraph this is anothe rparagraph Sellers are disappearing into thin air as investors prepare for the Federal Reserve to cut interest rates for the first time since the pandemic. The S&P 500 surged 4 percent between Friday, September 6, and Friday,...
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